# Standard Corporation sold fully depreciated equipment for Rs.5,000. This transaction will be reported on the cash flow statement as a(n):? with Answer - Finance Mcqs | TestPrep

> Solved MCQ: Standard Corporation sold fully depreciated equipment for Rs.5,000. This transaction will be reported on the cash flow statement as a(n): Correct Answer: B. Investing activity. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# Standard Corporation sold fully depreciated equipment for Rs.5,000. This transaction will be reported on the cash flow statement as a(n):

Direct Answer & Quick Reference

The correct option is **B. Investing activity**.

A. Operating activity

B. Investing activity **(Correct Answer)**

C. Financing activity

D. None of the given options

✨ Explain with AI

Verified Key: B. Investing activity
Solved by 4,212+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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*Source: https://test-prep.blog/mcq/standard-corporation-sold-fully-depreciated-equipment-for-rs5000-this-transactio-f0767546-b0a5-4946-b865-3401b3ea0e66*
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