Question

Match List I with List II:

Choose the correct answer from the options given below:

• A. A-III, B-II, C-I, D-IV
• B. A-IV, B-III, C-II, D-I
• C. A-II, B-I, C-IV, D-III
• D. A-I, B-IV, C-III, D-II

Hint:

Operating activities relate to routine expenses; investing activities involve returns from investments; financing activities involve raising funds; extraordinary items are unusual and infrequent.

Answer 1

The Correct Option is C

Step 1: Item Classification
Employee benefit expenses are operating expenses, categorized as Operating activity (II).
Dividend received is investment income, classified as Investing activity (I).
Loan raised is a financing transaction, classified as Financing activity (IV).
Proceeds from earthquake disaster management is an unusual, non-recurring event, classified as an Extraordinary item (III).

Step 2: Matching
A corresponds to II
B corresponds to I
C corresponds to IV
D corresponds to III

Step 3: Final Answer
Consequently, option (C) is the correct choice.