Question
Accountancy Question on Cash Flow Analysis
| Match List I with List II in context g cashflow statement | **LIST I: Major Head ** | **LIST II: Sub Head ** | |
|---|---|---|---|
| (A) | Sale of fixed asset | (I) | Outflow in operating Activities. |
| (B) | Purchase of Goodwill | (II) | Inflow in Investing Activities |
| (C) | Tax Paid | (III) | Outflow in Investing Activities |
| (D) | Dividend Paid | (IV) | Outflow in Financing Activities |
| Choose the correct answer from the options given below: |
A
A-II. B-I. C-IV, D-III
B
A-II. B - III, C-I. DIV
C
A-II. B-I. C-III. DIV
D
A-III, B-II, C-IV, D-I
Answer
A-II. B - III, C-I. DIV
Explanation
Solution
The correct option is (B): A-II. B - III, C-I. DIV