Which of the following items is classified as part of 'investing activities' in the Statement of Cash Flows?
A) Depreciation of non-current assets.
B) Income taxes paid.
C) Acquisition of non-current assets.
D) Proceeds from an issue of shares.

Question

Quizplus · Accepted Answer

Acquisition of non-current assets is classified as part of investing activities in the Statement of Cash Flows because it involves the outflow of cash to acquire long-term assets that are expected to produce future economic benefits.

Which of the Following Items Is Classified as Part of 'Investing