Which statement regarding the content of headings on a cash flow statement is correct?
Select ONE answer:
- Current asset investments are included under ‘management of liquid resources’.
- ‘Financing’ includes interest payments to lenders.
- Ordinary share dividends paid are included under ‘returns on investment and servicing finance’.
- Proceeds from the sale of fixed assets are included under ‘financing’.
Show your workings to arrive at your answer, and explain and justify your reasons:
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This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 1
- Correct
- Not correct
- Not correct
- Not correct
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