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 an increase in a current liability
B) Deduct a decrease in a current asset
C) Deduct a decrease in a current liability
D) Deduct a gain on the sale of an asset
Correct Answer:
Verified
Q13: Cash receipts from interest and dividends are
Q14: Which is correct?
A)The income statement,the balance sheet
Q15: Which of the following items would not
Q16: The primary purpose of the statement of
Q17: Which of the following information can be
Q19: Which of these would not be classified
Q20: The section of the statement of cash
Q21: Reliance on the statement of cash flows
Q22: If profit is $53 000 and increases
Q23: Which of the following statements is not
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