Maharashtra State BoardHSC Commerce 12th Board Exam
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Give One Word/Term/ Phrase for the Following Statement - Book Keeping and Accountancy

One Word Answer

Give one word/term/ phrase for the following statement
The type of activity in cash flow analysis, involving purchase of fixed asset.

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Solution

Investing activity

Explanation: Investing activity is the business activity that involves inflow or outflow of cash for purchase or sale of fixed assets and investments.

Concept: Cash Flow Analysis
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APPEARS IN

Micheal Vaz Accounts - Book Keeping and Accountancy HSC 12th Standard Maharashtra State Board
Chapter 12 Analysis of Financial Statements
Exercise | Q 4 | Page 385
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