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      Question

        Identify the cash flow from operating activities

      from the following: 1. Payment of taxes 2. Dividend and Interest payments 3. Sale of a fixed asset 4. Payment of staff benefit expenses
      A 1 and 3 Correct Answer Incorrect Answer
      B 1, 2 and 3 Correct Answer Incorrect Answer
      C 1 and 4 Correct Answer Incorrect Answer
      D 2 and 4 Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Only 1 and 4 are cash flow from operating activities. 2 is a cash flow from financing and 3 is cash flow from financing activity

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