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Byju's Answer
Standard XII
Accountancy
Preparing CFS-Direct Method
Give one word...
Question
Give one word/term/ phrase for each of the following statements :
The type of activity in cash flow analysis, involving purchase of fixed asset.
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Solution
Investing activity
Explanation:
Investing activity is the business activity that involves inflow or outflow of cash for purchase or sale of fixed assets and investments.
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