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WorksheetsCashflow Statement Year 13
Total questions: 6
Worksheet time: 4mins
Uses of a cashflow statement?
to foresee the profitability of a firm
to predict the operating activities of the firm only
to reconcile the opening and closing cash and cash equivalents of the business
to handle the future sales and purchases of the business
Cashflow Statement for a limited company is made according to which IAS (international accounting standard)
1
5
7
11
What is the need for the standardised format of cashflow forecast?
To make the work easier
To prepare it by a professional accountant
To help stakeholders understand it easily
To make the it look beautiful.
Which of the following is not a cash outflow for the firm?
interest payment
tax
dividends
bonus issue
There are following three basic parts of cashflow statement
Operating Activities, Investing Activities, Financing activities
Operating Activities, Investing Activities, Raising Capital Activities
Why is there a need to prepare cashflow Statement for a limited company only?
