Which of the following items will affect the flow of funds?
A) A transaction affecting both non - current accounts
B) A transaction affecting both current accounts
C) A transaction affecting current and non- current accounts
D) None of the above
Correct Answer:
Verified
Q38: Depreciation on fixed assets implies
A)an application of
Q39: Fund flow refers to changes in
A)application
B)sources
C)both a.
Q40: Which one of the following concepts is
Q41: If the provision for income tax for
Q42: In the funds flow statement, item of
Q44: Cash from operations is equal to
A)Net profit
Q45: Increase in the amount of prepaid expenses
Q46: Cash flow statement is based upon
A)Accrual basis
Q47: Increase in the amount of creditors results
Q48: Funds Flow Statement is also known as
A)Statement
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