Question

What do "Financing Activities" include for an insurance company?

a.

Acquisition and disposal of long-term assets

b.

Changes in the size and composition of shareholders' funds and policyholders' funds

c.

Inflows and outflows of cash and cash equivalents

d.

Principal revenue-producing activities

Answer: (b).Changes in the size and composition of shareholders' funds and policyholders' funds Explanation:"Financing Activities" for an insurance company include activities that result in changes in the size and composition of shareholders' funds and policyholders' funds, along with borrowings of the firm.

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Q. What do "Financing Activities" include for an insurance company?

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