CERTYNEX IFRS ACADEMY

Rosdane sold a warehouse at a gain of 120,000; its indirect reconciliation leaves this gain in profit, and the price of 640,000 also appears in investing. What is the error?

The sale price should be presented as operating.

The 120,000 gain must be deducted from operating cash flow, or it is counted twice.

Investing should show only 520,000, the gain remaining in the operating cash flow of the reconciliation.

There is no error.