An increase in goodwill on the Balance Sheet indicates goodwill was purchased during the year. Purchase of any fixed or intangible asset is treated as an outflow under Investing Activity in the Cash Flow Statement.
In the above case study if amount of Goodwill is increasing in current year, then if will be classified in :
CUET UG 2022 — Accountancy Financial Statements
2022mcqmedium
In the above case study if amount of Goodwill is increasing in current year, then if will be classified in :
Official previous-year question
Held on 20 Jul 2022 · Verified 13 Jul 2026.
Options
- A
Operating Activity
- B
Investing Activity
- C
Financing Activity
- D
Cash and Cash Equivalents
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