Which of the Following Statements Is Correct in Accordance with AASB

question 29

Multiple Choice

Which of the following statements is correct in accordance with AASB 107 "Cash Flow Statements"??

• A) Cash repayments of amounts borrowed are classified under financing activities.
• B) Cash proceeds from issuing equity instruments are classified under financing activities.
• C) Cash payments to acquire property, plant and equipment are classified under investing activities.
• D) Cash advances and loans made to other parties are classified under investing activities.
• E) Conversion from debt to equity is classified under operating activities.

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Definitions:

Repeater

A device in telecommunications that receives a signal and retransmits it at a higher level or higher power, or onto the other side of an obstruction, so that the signal can cover longer distances without degradation.

Device Bus Networks

Systems of communication protocols and pathways that allow for data and control signal exchange among various devices and components in a computer or automation system.

Pushbuttons

Manual control devices that, when pressed, can complete or break an electrical circuit to initiate some action or process.

Access Method

A method or protocol by which data is accessed and stored in a storage device or transferred over a network.