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Question : Under which type of activity will you classify 'Proceeds from Sale of Patents' while preparing Cash Flow Statement?

Option 1: Operating activities

Option 2: Investing activities

Option 3: Financing activities

Option 4: Cash and cash equivalents


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: Investing activities


Solution : Answer = Investing activities

'Proceeds from the Sale of Patents' would be classified under investing activities while preparing the Cash Flow Statement. This transaction involves the sale of a long-term asset, which falls under investing activities as it reflects changes in the company's investment portfolio or capital assets.
Hence, the correct option is 2.

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