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now Choose the correct answer Cash Flow Statement is based upon A. Cash basis of accounting B. Accrual basis of accounting C. Credit basis of
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Choose the correct answer Cash Flow Statement is based upon A. Cash basis of accounting B. Accrual basis of accounting C. Credit basis of accounting D. None of the above activity? Purchase of goodwill will appear in A. Operating B. Investing C. Both D. None of cash Cash deposited into bank will result in A. Inflow B. Outflow C. No flow D. All activity Payment of rent relates to A. Operating B. Financing C. Investing D. All Which of the following is an example of a cash out-flow for a business? A. payments to creditors B. sale of goods C. payment from debtors D. receiving a loan from the bank If a cashflow forecast suggests that a firm will run out of cash, which would help the problem? A. purchase more fixed assets B. repay a bank loan C. pay suppliers immediately D. delay paying suppliers
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