MCQs > Finance & Management > Financial Accounting > How are funds used for development of a patent that are NOT expensed on the Income Statement accounted for on the Cashflow statement?

Financial Accounting MCQs

How are funds used for development of a patent that are NOT expensed on the Income Statement accounted for on the Cashflow statement?

Answer

Correct Answer: Investing Activities - Intangible Assets

Explanation:

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Your Skill Level: Poor

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