The proceeds from the disposal of property,plant and equipment are reported on the statement of cash flows as cash used by investing activities.

Name: The proceeds from the disposal of property,plant and equipment are reported on the statement of cash flows as cash used by investing activities.
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Question

Quizplus · Accepted Answer

The proceeds from the disposal of property, plant, and equipment are reported on the statement of cash flows as cash inflows from investing activities, not as cash used.

The Proceeds from the Disposal of Property,plant and Equipment Are