All about CFS

WHICH IS NOT PART OF THE CFS?

• OPERATING

• INVESTING

• FINANCING

• DIVIDENDS

IT IS THE ABILITY TO PAY CURRENT OBLIGATIONS

It is the ability to generate reasonable return on investments.

The payments to suppliers of goods and services, taxes, and other expenses.

• INFLOW

• OUTFLOW

The cash receipts from sale of property, plant and equipment, intangibles, and other long-term assets

• INFLOW

• OUTFLOW

The cash back to equity investors or owners of the entity and cash for repayments of cash borrowed.

• INFLOW

• OUTFLOW

THE TWO FORMS OF CFS

WHETHER INDIRECT AND DIRECT CFS, THE TOTAL AMOUNT IN CASH ENDING IS ALSO THE SAME

• TRUE

• FALSE

IN PREPARING DIFFERENT FINANCIAL STATEMENTS, WHAT MUST PREPARE FIRST?

• STATEMENT OF FINANCIAL POSITION

• STATEMENT OF COMPREHENSIVE INCOME

• STATEMENT OF CHANGES IN EQUITY

• STATEMENT OF CASH FLOW

CFS means