Question

trueor false When a sale of a Fixed Asset occurs, the accumulated depreciation and asset cost are not important for the Statement of CF.

Answer 1

Answer:

True

Explanation:

In the case of the cash flow statements, whenever the sale is made the cost of an asset and the accumulated depreciation is not mattered as generally the sale price of the fixed asset is already mentioned in the question

So these two things would not be important

hence, the given statement is true