Pratishtha Aggarwal posted an Question
April 13, 2022 • 03:37 am 30 points
  • UGC NET
  • Commerce

Which one of the following concepts is used as fund in the preparation of fund flow statement

which one of the following concepts is used as fund in the preparation of fund flow statement a)cash b)working capital c)current assets d)all financial resources

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  • Rucha rajesh shingvekar

    Correct option is B) According to working capital concept, the term 'funds' refers to net working capital (current assets-current liabilities). In the funds statement, inflow and outflow of net working capital is displayed.

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    but our material is telling that d is correct

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