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easyMCQCUET Accountancy 2022 15 July Shift 22026Accountancy
1 attempts0% success rate1 mark

Purchase of goodwill is considered in _______ activity while making Cash Flow Statement.

  1. A
    Operating
  2. B
    Investing
  3. C
    Financing
  4. D
    Operating, Investing and Financing

Solution & Step-by-step Explanation

Goodwill is a non-current intangible fixed asset. The purchase of any fixed asset (tangible or intangible) is classified under Investing Activities.

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Purchase of goodwill is considered in _______ activity while making Cash Flow Statement.
A
Operating
B
Investing
C
Financing
D
Operating, Investing and Financing

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Financial StatementsCash FlowInvesting Activities

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