CUET UG•Accounting•MCQ
Q32. Consider the following facts with regard to Cash Flow Statement and identify the correct statements.
A. Proceeds from sale of land will appear under Investing Activities
B. Decrease in value of Inventory is added to the net profit to compute cash flow from Operating Activities.
C. Conversion of Debentures into Equity Shares involve issue of Equity Shares and shown under Financing Activities
D. Issue of Debentures as collateral securities are shown under Investing Activities.
E. Income tax paid is subtracted from Cash generated from operations to compute cash flow from Operating Activities.
Choose the correct answer from the options given below:
(a) A, B and C only
(b) A, B and D only
(c) A, B and E only
(d) A, C and E only
Choose an option