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: Understand each item
Employee benefit expenses relate to day-to-day operations, thus classified under Operating activity (II).
Dividend received is income from investments, considered as Investing activity (I).
Loan raised is related to raising funds, hence a Financing activity (IV).
Proceeds from earthquake disaster management is an unusual, non-recurring item, classified as an Extraordinary item (III).

Step 2: Match accordingly
A matches II
B matches I
C matches IV
D matches III

Step 3: Conclusion
Therefore, option (C) is correct.