Cash Flow State...

Cash Flow Statement is also known as

The objectives of Cash Flow Statement are

1. Analysis of cash position 
2. Short-term cash planning
3. Evaluation of liquidity
4. Comparison of Operating Performance

In cash flow statement, the item of interest is shown in

1. Operating Activities
2. Financing Activities 
3. Investing Activities

Cash Flow Statement is based upon

Which of the following statements are false?

1. Cash Flow Statement is helpful in the formation of policies.
2. Cash Flow Statement is useful for external analysis
3. Cash Flow Statement is helpful in estimating future cash flow

Which of the following statements are true?

1. Cash flow reveals only the inflow of cash
2. Cash flow reveals only the outflow of cash
3. Cash flow is a substitute for income statement
4. Cash flow statement is not a replacement of funds flow statement.

When the realisation expenses are to be borne by a partner, it is credited to:

At the time of dissolution of a firm, assets taken over by a partner should be

Provision for doubtful debts appearing at the time of dissolution of a firm transferred to:

As per Accounting Standard-3, Cash Flow is classified into