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How will you classify loans given by Tata finance company? - Accounts

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Question

How will you classify loans given by Tata finance company?

Options

  • Cash flow from operating activities

  • Cash flow from investing activities

  • Cash flow from financing activities

  • No cash flow

MCQ
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Solution

Cash flow from operating activities

Explanation:

Lending money is the main work of a finance company, so giving loans is an operating activity.

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Chapter 13: Cash Flow Statement - OBJECTIVE TYPE QUESTIONS [Page 13.157]

APPEARS IN

D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 13 Cash Flow Statement
OBJECTIVE TYPE QUESTIONS | Q (A) 28. | Page 13.157
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