Interest Payment by non-financial enterprises is classified as:

CS Executive · Corporate and Management Accounting · PYQS · December 2021
Interest Payment by non-financial enterprises is classified as:
(A) Operating activity
(B) Investing activity
(C) Financing activity
(D) Operating as well as Financing activity

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Cash Flow Statement

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