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a. What is the Statement of Cash Flow? (2 Marks) b. What can the Statement of Cash Flow tell us? (2 Marks) c. How to

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a. What is the Statement of Cash Flow? (2 Marks) b. What can the Statement of Cash Flow tell us? (2 Marks) c. How to Prepare a Statement of Cash Flow? (3 Marks) d. Discuss the Direct Method and Indirect Method of producing a Statement of Cash Flow. Give example of the Statement of Cash Flow. (3 Marks) QUESTION THERE (26 MARKS) i. Identify and discuss the FIVE (5) key elements in the evaluation of solvency. (5 Marks) ii. Describe and explain the importance of Accounting Analysis for Financial Analysis. (5 Marks) iii. Discuss and explain how financial statements reflect the business activities of a company. (5 Marks) iv. Discuss the uses for prospective analysis an organization. (5 Marks) V. Describe the TWO (2) methods of reporting cash flow from operation. (6 Marks)

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