Which of the following is not an example of financing activities with reference to cash flow statement?
A. Repayment of bank loan
B. Interest on debentures or dividend paid
C. Cash proceeds from public deposits
D. Sale of fixed assets
Answer: Option D
Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
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