The payment of a cash dividend would be classified as a (n):

a. operating activity.

b. investing activity.

c. financing activity.

d. significant noncash activity.

The answer is C, finance activity

Explanation:

Financing activities are transactions or business program that affect long-term liabilities and equity. They can also be transactions with creditors or investors used to fund either company operations or other industry proliferation activities such as expansion.

Other example include: Repurchase of company stock, Issuance of debt,

Repayment of debt.