Question
How are advances and loans made by a financial
institution classified in cash flow statement?Solution
For financial institutions like banks, providing loans and advances is a part of their ordinary business operations. Therefore, in the cash flow statement, when a financial institution gives out loans or advances, it is typically classified as an operating activity, as this is central to the core business model of such institutions.
Choose the option that is the indirect form of the sentence.
Akshay said, “I am making biryani today.”
Select the correct indirect/direct speech for the given sentence.Â
Sikha said to me, “ I could solve your question.”
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Choose the option that is the indirect form of the sentence.
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Choose the option that is the direct form of the sentence.
He asked me to wait there until I got my turn.
Select the most appropriate indirect form of the given sentence.Â
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He said, "I am coming tomorrow."
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