Management Accounting Test Questions

Q.  Which of the following statements are true about movement of funds?

A) Funds flow in a transaction between current assets and fixed assets.
B) Funds flow in a transaction between current asset and capital.
C) Funds flow in a transaction between fixed assets and current liabilities.
D) Funds flow in a transaction between current liabilities and capital.


a. A and B
b. A and C
c. A and D
d. A, B, C and D


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