Cash flow statement is based on past records, so it is---------in nature

Related MCQs

• In case of other enterprises cash flow arising from interest paid should be classified as cash flow from ________ while dividends and interest received should be stated as cash flow from ____.
• The objectives of Cash Flow Statement are (i) Analysis of cash position (ii) Short-term cash planning (iii) Evaluation of liquidity (iv) Comparison of operating Performance
• In the case of financial enterprises, the cash flow resulting from interest and dividend received and interest paid should be classified as cash flow from
• Cash flow statement is prepared by taking the ------------- balance of cash
• While preparing Cash Flow Statement, non-cash items and non-operating items are not required to be adjusted under________
• Which statement is true. I)Cost records are compulsory in all industries. II)Management accounting records are compulsory by law.
• Cash flow statement is based on----------
• Cash Flow Statement is based upon
• Regal Industries is replacing a grinder purchased 5 years ago for $15,000 with a new one costing $25,000 cash. The original grinder is being depreciated on a straight-line basis over 15 years to a zero-salvage value. Regal will sell this old equipment to a third party for $6,000 cash. The new equipment will be depreciated on a straight-line basis over 10 years to a zero-salvage value. Assuming a 40% marginal tax rate, Regal’s net cash investment at the time of purchase if the old grinder is sold and the new one purchased is
• Cash flow statements (based on AS-3) should be prepared and presented under------------------method.