Management Accounting Test Questions

Q.  Which of the following statements are true?

A) Cash flow reveals only the inflow of cash.
B) Cash flow reveals only the outflow of cash.
C) Cash flow is a substitute for income statement.
D) Cash flow statement is not a replacement of funds flow statement.

a. Only A
b. Only B
c. Both B and C
d. Only D

ANSWER: See Answer
No explanation is available for this question!