Income that is saved and not invested is known as____________?

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

A. Operating activity
B. Investing activity
C. Financing activity
D. None of the given options

Investing activities – changes in investments and long-term assets
Cash inflows:
From sale of property, plant, and equipment.
From sale of investments in debt or equity securities of other entities.
From collection of principal on loans to other entities.
Cash outflows:
To purchase property, plant, and equipment.
To purchase investments in debt or equity securities of other entities.
To make loans to other entities..

An individual authorized by another person, called the principle, to act on the latter’s on behalf is known as an/a:

A. Agent
B. Servant
C. Subordinate
D. Assistant

___________ is concerned with the acquisition, financing, and management of assets with some overall goal in mind.

A. Financial management
B. Profit maximization
C. Agency theory
D. Social responsibility