Practicing Success
Practicing Success
CUET Preparation Today
| Which of the following is considered as investment activity for both Financial company as well as non financial company? |
Purchase of Goodwill Payment to creditors Both 1 and 2 None of the above |
| Purchase of Goodwill |
| "Purchase of Goodwill" is indeed considered an investment activity for both financial and non-financial companies. It involves acquiring an intangible asset and is categorized as an investing activity on the cash flow statement. |
