Solved

A Gain on the Disposal of a Non-Current Asset

Question 24

Multiple Choice

A gain on the disposal of a non-current asset:


A) Involves cash inflows.
B) Is the result of an investing activity.
C) Does not reflect any cash flow.
D) Does not reflect any cash flow and is the result of an investing activity.
E) Involves cash outflows.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions