Practicing Success
Practicing Success
CUET Preparation Today
| Which of the following statement is incorrect about cash flow statement? |
It provides information about cash inflows and cash outflows It provides information of flows of cash under three major categories  It helps in preparing cash budget None of the above |
| None of the above |
| All the above statement about cash flow is true as cashflow is a statement that provides information about cash inflows and cash outflows , It provides information of flows of cash under three major categories and helps in preparing cash budget. The statement of cash flows primarily provides information about the cash receipts and cash payments of an enterprise related to its operating, investing, and financing activities. It explains how cash moves through these activities and reconciles the change in cash during a period. |
