Question : While preparing Cash Flow Statement, purchase of goodwill is treated as :
Option 1: Operating activity
Option 2: Financing activity
Option 3: Investing activity
Option 4: Extraordinary item
Correct Answer: Investing activity
Solution : Investing activities are the acquisition and disposal of long-term assets and other investments not included in cash equivalents. Purchase of intangible assets is an investing activity (outflow of cash).
Question : Dividend received is
Question : Calculate the resulting cash flow and state the nature of cash flow from the following information:
Question : Arrange the following in proper sequence while preparing Cash Flow Statement :
Question : Which year marked the third general election in India?
Question : 1. Identify the correct sequence of the following steps involved in calculating cash flows from operating activities of a company :
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