Match List-I with List-II

List – I	List – II
Cash Outflows from financing activities	Redemption of debentures
Cash Inflows from operating activities	Current Investment
Cash and cash equivalents	Cash from royalties, fees, commissions and other revenues
Cash Inflows from investing activities	Cash receipt from disposal of fixed assets including intangibles

Choose the correct answer from the options given below:

The correct option is (A) - (I), (B) - (III), (C) - (II), (D) - (IV).

To understand why this match is correct, let us analyze the classification of cash flows and cash equivalents under standard accounting frameworks (such as AS-3 / Ind AS 7):

1. (A) Cash Outflows from financing activities matches with (I) Redemption of debentures:
Financing activities are those that result in changes in the size and composition of the contributed equity and borrowings of the enterprise. Debentures represent long-term borrowings. When a company redeems (repays) its debentures, it pays out cash to the debenture holders. This is a financing transaction, and since cash goes out of the business, it is classified as a Cash Outflow from financing activities.

2. (B) Cash Inflows from operating activities matches with (III) Cash from royalties, fees, commissions and other revenues:
Operating activities are the principal revenue-producing activities of the enterprise and other activities that are not investing or financing activities. Receipts of cash from royalties, fees, commissions, and other revenues arise directly from the primary business operations of the entity, thereby representing a Cash Inflow from operating activities.

3. (C) Cash and cash equivalents matches with (II) Current Investment:
Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value. Under standard accounting disclosures, highly liquid short-term investments (often categorized under Current Investment) are included under Cash and Cash Equivalents.

4. (D) Cash Inflows from investing activities matches with (IV) Cash receipt from disposal of fixed assets including intangibles:
Investing activities comprise the acquisition and disposal of long-term assets and other investments not included in cash equivalents. Selling or disposing of property, plant, equipment (fixed assets), or intangible assets (like patents or trademarks) generates cash. Therefore, this receipt is classified as a Cash Inflow from investing activities.