Information must be presented in relation to a consolidated cash flow statement that is not presented in relation to single-company cash flow statement.

Question

Quizplus · Accepted Answer

A consolidated cash flow statement provides information on the combined cash flows of a group of companies, while a single-company cash flow statement only presents information on the cash flows of one particular company. This means that the consolidated cash flow statement will provide a broader overview of the group's overall cash position and performance, including any intercompany transactions and eliminations.

Information Must Be Presented in Relation to a Consolidated Cash