Question Tag: Business Entity

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FA – MAY 2015 – L1 – SA – Q1 – Scope and Purpose of Accounting

Identify the transaction that is not a financing activity in the statement of cash flows.

Which of the following will NOT be included as financing activities in the statement of cash flows of a business entity?
A. Proceeds from the issue of shares
B. Cash dividend paid to shareholders
C. Loan from the bank
D. Proceeds from disposal of non-current assets
E. Proceeds from the issue of debentures

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FA – MAY 2015 – L1 – SA – Q1 – Scope and Purpose of Accounting

Identify the transaction that is not a financing activity in the statement of cash flows.

Which of the following will NOT be included as financing activities in the statement of cash flows of a business entity?
A. Proceeds from the issue of shares
B. Cash dividend paid to shareholders
C. Loan from the bank
D. Proceeds from disposal of non-current assets
E. Proceeds from the issue of debentures

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