Which of the following statement is correct?

CS Executive · Cost and Management Accounting · PYQS · June 2019
Which of the following statement is correct?
(A) A decrease in current liability during the year results in increase in working capital.
(B) Only non cash expenses are added to net profit to find out funds from operations.
(C) Conversion of debentures into equity shares appears in funds flow statement.
(D) Collection from debtors is a source of fund.

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Statement Analysis

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic