In Accordance with IAS 7,what Is the Appropriate Classification for the Conversion

question 31

Multiple Choice

In accordance with IAS 7,what is the appropriate classification for the conversion of preference shares to ordinary shares?

• A)inflow in investing activity
• B)inflow in financing activity
• C)non-cash investing item
• D)non-cash financing item

---

Definitions:

Depressogenic Attributional Style

A cognitive style where individuals habitually attribute negative events to internal, stable, and global causes, which is associated with an increased risk of depression.

Attributional Style

The way an individual typically explains the causes of personal and other events, focusing on internal vs. external, stable vs. unstable, and global vs. specific explanations.

Self-Presentational Motivation

The drive to control how one is perceived by others, often leading to behaviors aimed at creating a favorable image.

Impression Management

The process by which individuals attempt to control the impressions others form of them, especially in social interactions.