Question : In case of Financial enterprise, Interest received on Debentures held as Investment, is an example of
Option 1: Operating Activities
Option 2: Investing Activities
Option 3: Financing Activities
Option 4: Cash and cash equivalent
Answer (1)
20th Jan, 2024
Correct Answer: Operating Activities
Solution : Answer = Operating Activities
In the case of financial enterprise Interest received on own debentures held from an investment point of view are operating activities because operating activities are the principal revenue-producing activities of the enterprise.
Hence, the correct option is 1.
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