In the reconciliation attached to the statement of cash flows, operating cash flow is reconciled to:
A)operating profit after tax.
B)operating profit before tax.
C)operating profit before interest and tax.
D)gross profit.

Question

Quizplus · Accepted Answer

Operating cash flow is reconciled to operating profit after tax because it is the net income from operations after taxes have been paid.

In the Reconciliation Attached to the Statement of Cash Flows