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.

Name: 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.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cash receipts from sales of property, plant, and equipment are classified as cash flows from investing activities according to AASB 107 Statement of Cash Flows.

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