Solved

When Using the Indirect Method,where Is the Gain from Selling

Question 69

Multiple Choice

When using the indirect method,where is the gain from selling a long-term investment recognized? (The proceeds from selling the investment are considered separately. )


A) Operating activity
B) Investing activity
C) Financing activity
D) Noncash investing or financing activity

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents