Total sources of funds must _____ total uses of funds

• be larger than

• equal to

• be lower than

Decrease in assets are

• sources of funds

• uses of funds

• operating expenses

• financing expenses

Descrease in liability and equity are

• sources of fund

• uses of funds

• operating expenses

• financing expenses

Sales of inventory is considered as

• operating expenses

• uses of funds

• sources of funds

• operating expenses

Cash flow statement consist of ___ main categories

• two

• three

• four

• five

Which of the followings are included in the Cash Flow Statement?

• Operating activities

• Managing activities

• Financing activities

• Investing activities

Statement of changes in financial position also known as

• Sources and Uses of Funds Statement

• Income Statement

• Balance Sheet Statement

• Pro Forma Financial Statement