Accounting · Funds Flow Statement
Which of the following represents the correct sequence of steps in preparing a Funds Flow Statement? 1. Preparation of Schedule of Changes in Working Capital 2. Identification of Non-Current Accounts 3. Determination of Funds from Operations 4. Preparation of Funds Flow Statement
- 11, 2, 3, 4✓
- 22, 1, 3, 4
- 31, 3, 2, 4
- 43, 1, 2, 4
Correct answer
1, 2, 3, 4
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