Cash flow statement is mandatory for listed companies and more than 50 crore turnover.

Q.  As per AS-3, Cash Flow Statement is mandatory for

A) All enterprises
B) Companies listed on a stock exchange
C) Companies with a turnover of more than Rs 50 crores
- Published on 14 Sep 15

a. Both A and B
b. Both A and C
c. Both C and B
d. None of the above

ANSWER: Both C and B

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