Practicing Success
Which among the following are the non-cash items? A. Deferred Tax Choose the correct answer from the options given below: |
B and C only A, B, and D only B, C, and D only A, B and C only |
A, B and C only |
The correct answer is option 4- A, B and C only. As per AS-3, under indirect method, net cash flow from operating activities is determined by adjusting net profit or loss for the effect of : * Increase in Stock is a increase in current assets not a non cash item. |