Start learning →

A non-financial company lends money to another firm. The outflow is:

AFinancing
BInvesting
CNon-cash
DOperating
Answer & Solution
Correct answer: B. Investing
Advances and loans to other parties by a company that is not a financial institution are investing outflows.
Practise this question with Quill — CA Final →

Keep practising Ind AS 7 Statement of Cash Flows

Browse all Ind AS 7 Statement of Cash Flows questions for CA Final, or explore more Financialreporting topics.

Start a Ind AS 7 Statement of Cash Flows lesson →
Related questions