In cash flow statement, proceeds from sales of an asset will be considered as:

CS Executive · Cost and Management Accounting · PYQS · June 2018
In cash flow statement, proceeds from sales of an asset will be considered as:
(A) Investing activity
(B) Financing activity
(C) Operating activity
(D) None of the above

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Cost and Management Accounting

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