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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 3 · Set 2 · Q29
Statement I : Operating activities are the activities that constitute the primary or main activities of an enterprise. Statement II : Cash advances and loans made by financial enterprises are usually classified as operating activities. Choose the correct option from the following :
Official answer
From CBSE’s own marking scheme for this paper.
(D)
Both the Statements are true
Marking-scheme solution
(D)
Both the statements are true
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Page $\displaystyle 14$ of $\displaystyle 20$ CBSE $\displaystyle 2026$ Accountancy ($\displaystyle 055$)
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CBSE Class 12 Accountancy past-paper question from the 2026board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.