Manag., December-2019 – Q52
0. Sale of long term investment shows
- Option : B
- Explanation : When any fixed or non-current assets such as land, building, plant and machinery, furniture, and long-term investments are sold, it generates funds and becomes a source of funds. However, it must be remembered that if one fixed asset is exchanged for another, it does not constitute an inflow of funds because no current assets are involved.
