When preparing the note attached to the statement of cash flows reconciling operating profit after tax with net cash flow from operating activities,which adjustment is not correct?
A) Add back depreciation
B) Add a decrease in a current asset
C) Add a decrease in a current liability
D) Deduct a gain on the sale of an asset
Correct Answer:
Verified
Q2: Which of the following statements is true?
A)For
Q3: Which relationship between items in the statement
Q4: Investing activities include
A)repaying money previously borrowed.
B)obtaining capital
Q5: In Australia a statement of cash flows,in
Q6: Cash inflows from financing activities include
A)interest paid.
B)receipts
Q8: Which of these is not an example
Q9: The format followed in the preparation of
Q10: Which of the following is an example
Q11: In which section of the statement of
Q12: All financial statements are prepared on an
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