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.

Question

Quizplus · Accepted Answer

The Answer of 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.

A Gain on the Disposal of a Non-Current Asset