How would the purchase of government bonds by a sporting club be reported in the statement of cash flows?

Name: How would the purchase of government bonds by a sporting club be reported in the statement of cash flows?
Brand: Quizplus
Rating: 4.7 (44 reviews)

Question

Quizplus · Accepted Answer

Purchasing government bonds is an investing activity, as it involves the acquisition of a financial asset, and is not related to the financing or operations of the sporting club. Therefore, it would be reported as an investing outflow in the statement of cash flows.

How Would the Purchase of Government Bonds by a Sporting