Register now or log in to join your professional community.
Of course B. purchasing land
the correct answer is B , purchasing land
B. Purchasing land will be consider in investing activity while preparing the cash flow statement.
B. Purchasing of land is investing acctivity as Land is classified as fixed asset
B option because business invest money in land
B purchasing land. Its reported as a long term asset in the corporations cashflow statement.
B. Purchasing land is a investment activity as we are creating asset as we are preserving excess money for long or short term for future business benefits.
Option B is the right answer
B. Purchasing Land because it will mean purchasing assets.
I think it should be option A
