Question : In case of Financial enterprises, Proceeds from Sale of Investments is an example of
Option 1: Operating Activities
Option 2: Investing Activities
Option 3: Financing Activities
Option 4: Cash and cash equivalent
Answer (1)
25th Jan, 2024
Correct Answer: Investing Activities
Solution : Answer = Investing Activities
In the context of financial enterprises, proceeds from the sale of investments would be classified as an investing activity in the Cash Flow Statement. This is because it involves transactions related to the acquisition and disposal of long-term assets.
Hence, the correct option is 2.
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