In fund flow statement, flow of fund will occur when a transaction is happened between: (A) Current Assets and Current Liabilities (B) Non-current Assets and Non-current Liabilities (C) Current Assets and Non-current Ass

CS Executive · Cost and Management Accounting · PYQS · December 2017
In fund flow statement, flow of fund will occur when a transaction is happened between: (A) Current Assets and Current Liabilities (B) Non-current Assets and Non-current Liabilities (C) Current Assets and Non-current Assets (D) All of the above
(A) Current Assets and Current Liabilities
(B) Non-current Assets and Non-current Liabilities
(C) Current Assets and Non-current Assets
(D) All of the above

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Fund Flow Statement

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