Question

  ABC Ltd is a financing company and has given loans and advances to its subsidiary and earned an interest of Rs 1.00 lacs. This interest income is :

A Operating cash flow Correct Answer Incorrect Answer
B Investing cash flow Correct Answer Incorrect Answer
C Financing cash flow Correct Answer Incorrect Answer
D Indirect Income Correct Answer Incorrect Answer
E extraordinary income Correct Answer Incorrect Answer

Solution

For a financial firm. Giving loans and advances is an operating activity

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