Question
While preparing cash flow statement, an entity (other
than a financial institution) should disclose the dividends received from its investment in shares as:Solution
Explanation :As per AS-3 and Ind AS 7 , for entities other than financial institutions , dividends received are classified as cash inflows from investing activities , because they represent returns on investments in other entities.
Which of the following is the country with the highest frequency of snowfall?
1. Sweden
2. Czech Republic
3. Hungary
4. Aust...
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