Which of the following is NOT a section of the Statement of Cash Flows?

• A. Operating Activities
• B. Investing Activities
• C. Financing Activities
• D. Balance Sheet

Answer: (D)

The cash flow statement is organized into three sections: operating activities (cash from day-to-day business), investing activities (cash used for or generated by long-term assets and investments), and financing activities (cash from borrowing, repaying debt, issuing stock, and paying dividends). The Balance Sheet, on the other hand, is a separate financial statement that shows assets, liabilities, and equity at a specific date. It does not categorize cash flows, so it is not a section of the Statement of Cash Flows.