Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Which of the following is considered an investing activity? A.borrowing money from the bank B.purchasing land C.paying dividends

user-image
Question added by Sultan Alghamdi
Date Posted: 2016/02/02
Sobhy Elswaf
by Sobhy Elswaf , Accounting Manager , Smart Glass

Of course B. purchasing land 

adel shalabi
by adel shalabi , Senior Accountant , Through Time Travel

the correct answer is B , purchasing land 

Muhammad Tallah Rashid ACCA, UAECA
by Muhammad Tallah Rashid ACCA, UAECA , COST & FINANCIAL ANALYST , EMIRATES INTERNATIONAL RESTAURANTS (CHILIS’) LLC

B. Purchasing land will be consider in investing activity while preparing the cash flow statement. 

Muhammad Humayon ACMA CPA CA INT
by Muhammad Humayon ACMA CPA CA INT , Senior Accountant Accountant , ProDome Management Consulting

B. Purchasing of land is investing acctivity as Land is classified as fixed asset

Rehan Rehan Nasir
by Rehan Rehan Nasir , Junior Internal Audit officer , Chemicals & Dyes

B option because business invest money in land

Yasmine Elgawish
by Yasmine Elgawish , Operations Officer , National Societe Generale Bank

B purchasing land. Its reported as a long term asset in the corporations cashflow statement.

Kalika Vaishampayan
by Kalika Vaishampayan , Assistant Manager , Rahul N. Gharat & Co

B. Purchasing land is a investment activity as we are creating asset  as we are preserving excess money for long or short term for future business benefits. 

Rajvin Tarwale
by Rajvin Tarwale , TSE lvl 3 , Convergys Stream pvt ltd

The answer is B. With land investment maximum profit can be earned later.

Ahmed Alkhateb
by Ahmed Alkhateb , Independent Accounting , Self employed

Option B is the right answer

B. Purchasing Land because it will mean purchasing assets.

Muhammad Mujtaba Shafique
by Muhammad Mujtaba Shafique , RJ , Dream Fm106

I think it should be option A

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.