Invest R80 000 fixed deposit at FNB at 18 p.a interest rate. This invested R80 000 will be recorded as an outflow of cash under investing activities in the Statement of Cash Flows. Select one: O True False
Invest R80 000 fixed deposit at FNB at 18 p.a interest rate. This invested R80 000 will be recorded as an outflow of cash under investing activities in the Statement of Cash Flows. Select one: O True False
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Invest R80 000 fixed deposit at FNB at 18 p.a interest rate.
This invested R80 000 will be recorded as an outflow of cash under investing activities in the Statement of Cash Flows.
Select one:
O True
False
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