Cash flow statement & Funds flow statement
Q. Which of the following statements are true?
A) Cash flow statement is more useful for short term cash planning.
B) Funds Flow statement is more useful in planning medium term and long term financing.
C) Cash Flow statement discloses the position of liquidity in a better way.- Published on 08 Sep 15a. Only A
b. Only B
c. Only C
d. A, B and C
ANSWER: A, B and C