Match the following: List I (a) Increase in fund (b) Goods purchased on credit (c) Commission outstanding (d) Net loss List II (1) Application of funds (2) Drain in working capital (3) Source of fund (4) No flow of funds

CS Executive · Cost and Management Accounting · PYQS · June 2017
Match the following: List I (a) Increase in fund (b) Goods purchased on credit (c) Commission outstanding (d) Net loss List II (1) Application of funds (2) Drain in working capital (3) Source of fund (4) No flow of funds Codes: (a) (b) (c) (d)
(A) (4) (3) (2) (1)
(B) (4) (3) (1) (2)
(C) (3) (4) (2) (1)
(D) (3) (4) (1) (2)

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Fund Flow Statement

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