When using the indirect method in preparing the statement of cash flows, increases in inventory, trade receivables and prepayments are deducted from operating profit while decreases in trade payables, accruals and provisions are added to operating profit.

Question

Quizplus · Accepted Answer

The Answer of When using the indirect method in preparing the statement of cash flows, increases in inventory, trade receivables and prepayments are deducted from operating profit while decreases in trade payables, accruals and provisions are added to operating profit.

When Using the Indirect Method in Preparing the Statement of Cash