Post Utme Afe Babalola University 2023 Commerce Question 14

Practice objective / multiple choice question 14 from the 2023 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2023 Commerce Objective / Multiple Choice
Question 14 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2023 • COMMERCE • objective

A company's cash flow statement shows a decrease in cash from operating activities and an increase in cash from investing activities. What is the likely effect on its cash balance?

Answer Options

A. Increase
Correct Answer B. Decrease
C. No change
D. Uncertain
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Afe Babalola University 2023 Commerce Question 14. It is one of the objective questions from the 2023 Post Utme Afe Babalola University Commerce examination.

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