Final answer:
Cash from sales of property, plant, and equipment is not considered an operating activity but an investing activity on the cash flow statement. False.
Step-by-step explanation:
The statement that cash from sales of property, plant, and equipment is considered an operating activity on the cash flow statement is false. In fact, when a company sells property, plant, and equipment, the cash received from these sales is considered an investing activity, not an operating activity. Operating activities typically include transactions related to the primary operations of the business, such as receipts from sales of goods and services, and payments to suppliers and employees. Conversely, investing activities include transactions involving long-term assets, such as sales or purchases of property, plant, and equipment.