Difference between Cash flow statement & Funds flow statement

Q.  Cash flow statement is based upon _________ while Funds Flow Statement recognizes _______.
- Published on 04 Sep 15

a. Cash basis of accounting, accrual basis of accounting
b. Accrual basis of accounting, cash basis of accounting
c. Both are based on cash basis of accounting
d. None of the above

ANSWER: Cash basis of accounting, accrual basis of accounting

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲