Advertisements
Advertisements
प्रश्न
Sale of investment by a finance company is classified as ______.
पर्याय
Cash Equivalents.
Investing Activity.
Financing Activity.
Operating Activity.
MCQ
रिकाम्या जागा भरा
Advertisements
उत्तर
Sale of investment by a finance company is classified as operating activity.
Explanation:
For a finance company, dealing with shares, loans, and investments is their main, daily business. Since buying and selling investments is their principal revenue-earning work, it is counted under Operating Activities. For any other normal company, this would be an investing activity, but a financial firm treats it as part of their day-to-day operations.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
