Management Accounting Test Questions

Q.  Which of the following transactions will result in inflow of funds?

A) Issue of debentures
B) Conversion of debentures into equity shares
C) Redemption of long term loan
D) Creation of General Reserve

a. Only A
b. Only D
c. A and D
d. A, B, C and D

ANSWER: See Answer
No explanation is available for this question!