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Match List I with List II

LIST ILIST II
A. Employee benefit expensesI. Investing activity
B. Dividend receivedII. Operating activity
C. Loan raisedIII. Extraordinary item
D. Proceeds from earthquake disaster managementIV. Financing activity

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 3

Employee benefit expenses are operating in nature (II). For a non-financial company, dividend received is treated as an investing activity (I). A loan raised is a financing activity (IV). Proceeds received for earthquake disaster management are extraordinary in nature (III).

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