Match List I with List II in context g cashflow statement

LIST I LIST II
A. Sale of fixed asset I. Outflow in operating activities
B. Purchase of Goodwill II. Inflow in Investing Activities
C. Tax Paid III. Outflow in Investing Activities
D. Dividend Paid IV. Outflow in Financing Activities

Choose the correct answer from the options given below:

Question

A - II, B - I, C - IV, D - III

A - II, B - III, C - I, D - IV

A - II, B - I, C - III, D - IV

A - III, B - II, C - IV, D - I

Accepted Answer

A - II, B - III, C - I, D - IV

Answer

A - II, B - I, C - IV, D - III

Answer

A - II, B - I, C - III, D - IV

Answer

A - III, B - II, C - IV, D - I

List-I	List-II
(A) Receipt from royalties, fees, commission and other revenue	(I) Investing Activity
(B) Receipt from Interest and dividends	(II) Operating Activity
(C) Proceeds from issue of preference or equity shares	(III) Cash and Cash equivalent
(D) Current Investment	(IV) Financing Activity

	LIST I		LIST II
A.	Sale of fixed asset	I.	Outflow in operating activities
B.	Purchase of Goodwill	II.	Inflow in Investing Activities
C.	Tax Paid	III.	Outflow in Investing Activities
D.	Dividend Paid	IV.	Outflow in Financing Activities

Solution