Flow of funds takes place whenever :

CS Executive · Cost and Management Accounting · PYQS · December 2018
Flow of funds takes place whenever :
(A) Non-current assets change into non-current liabilities
(B) Current assets change into current liabilities
(C) Non-current assets change into current liabilities
(D) All the above three occasions

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Funds Flow Statement

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