In Accordance with AASB 107 Statement of Cash Flows,cash Receipts

question 50

True/False

In accordance with AASB 107 Statement of Cash Flows,cash receipts from sales of property,plant and equipment are classified as cash flows from operating activities.

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Definitions:

Careful Practice

Engaging in an activity with intentional focus and attention to detail to improve competency and minimize errors.

Productivity

The measure of the efficiency of production, often evaluated as the output per unit of input in a given time period.

Language

A system of communication using sounds or symbols that enables humans to express thoughts, emotions, ideas, and messages.

Recognize Patterns

The ability to identify recurring shapes, structures, or sequences in sets of information or data.