State whether the following statement are True or False Cash payments relating to forward contracts are held

Question:

State whether the following statement are True or False

Cash payments relating to forward contracts are held for dealing/trading purpose will be classified as investing activity.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting For Management

ISBN: 9789385965661

4th Edition

Authors: Neelakantan Ramachandran, Ram Kumar Kakani

Question Posted: