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FAR STUDY GROUP
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Subject Topic: SOCF - Investing Activities (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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bryris
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Joined: 07 Dec 2008
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Posted: 18 Sep 2009 at 14:05 | IP Logged  

Can someone verify this:

Interest and dividends received from a business entity (for profit) is accounted for as cash inflow from operating activities. Additionally, an NPO accounts for int/div the same way - operating section.

However, a governmental unit's proprietary activities (business-type) account for interest and dividends in the investing section.

I keep picking one and missing it, then picking the other and missing it. I think I've scraped up enough data to support my conclusion here, but wanted to verify.


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eternityfrens
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Posted: 18 Sep 2009 at 15:39 | IP Logged  

Ya Byris .... as per me u are correct .... i ve made same notes for me.

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