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The​ non-cash investing and financing activities section of the statement of cash flows appears as a...

The​ non-cash investing and financing activities section of the statement of cash flows appears as a separate schedule of the statement of cash flows or in the notes to the financial statements. True or False

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Answer- TRUE- The​ non-cash investing and financing activities section of the statement of cash flows appears as a separate schedule of the statement of cash flows or in the notes to the financial statements.

Explanation- The​ non-cash investing and financing activities section of the statement of cash flows should be disclose as a separate schedule of the statement of cash flows or in the notes to the financial statements because these activities is important for the users of financial statement having significant impact on organisation current and future prospect in terms of profitability , revenue etc.

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