Post Utme Uniben 2021 Accounting Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Uniben Accounting examination.

Post Utme Uniben 2021 Accounting Objective / Multiple Choice
Question 37 POST_UTME_UNIBEN • 2021 • 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

Correct Answer A. Depreciation expense
B. Increase in accounts payable
C. Decrease in cash
D. Increase in accounts receivable
Correct Answer
A
Correct Option:
Depreciation expense

About This Question

This is Post Utme Uniben 2021 Accounting Question 37. It is one of the objective questions from the 2021 Post Utme Uniben Accounting examination.

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