Corporate Accounting MCQS With Answers

 

48. The principal revenue-producing activities of an entity are called

A. investing activities

B. operating activities

C. financing activities

D. none of these

B. operating activities

49. Cash payments to and on behalf of employees is an example of cash flows from

A. operating activities

B. financing activities

C. investing activities

D. none of these

A. operating activities

50. Which of the following is not a heading for cash flows under Ind AS 7?

A. cash flows from normal activities

B. cash flows from operating activities

C. cash flows from investing activities

D. cash flows from financing activities

A. cash flows from normal activities