Which one of the following is not the object of preparing Funds Flow Statement?
A. To show the results of current financial management
B. To show how general expansion on business has been financed
C. To show the earnings of the business over a period of time
D. To illustrate the relationship between profits from operations on the one hand and raising of new capital or contracting term loan on the other
Answer: Option D
This Question Belongs to Commerce >> Accounting
Accounting provides information on
A. Cost and income for managers
B. Company's tax liability for a particular year
C. Financial conditions of an institutions
D. All of the above
The long term assets that have no physical existence but are rights that have value is known as
A. Current assets
B. Fixed assets
C. Intangible assets
D. Investments
The assets that can be converted into cash within a short period (i.e. 1 year or less) are known as
A. Current assets
B. Fixed assets
C. Intangible assets
D. Investments
Patents, Copyrights and Trademarks are
A. Current assets
B. Fixed assets
C. Intangible assets
D. Investments
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