Statement-I : In funds flow analysis, current assets and current liabilities are shown separately in a statement of changes in working capital. Statement-II : In cash flow analysis, increases and decreases of all current
CS Executive · Cost and Management Accounting · PYQS · December 2019
Statement-I : In funds flow analysis, current assets and current liabilities are shown separately in a statement of changes in working capital. Statement-II : In cash flow analysis, increases and decreases of all current assets and current liabilities are adjusted in the calculation of cash flow from operating activities. Select the correct answer from the following :
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Funds Flow vs Cash Flow
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