Post Utme Redeemers University 2018 Accounting Question 22

Practice objective / multiple choice question 22 from the 2018 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2018 Accounting Objective / Multiple Choice
Question 22 POST_UTME_REDEEMERS_UNIVERSITY • 2018 • ACCOUNTING • objective

A government agency is required to prepare a cash flow statement in accordance with the cash basis of accounting. Which of the following items would NOT be included in the cash flows from operating activities?

Answer Options

A. Cash received from customers
B. Cash paid to suppliers
Correct Answer C. Cash received from government grants
D. Cash paid for interest on loans
Correct Answer
C
Correct Option:
Cash received from government grants

About This Question

This is Post Utme Redeemers University 2018 Accounting Question 22. It is one of the objective questions from the 2018 Post Utme Redeemers University Accounting examination.

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