Q1,Which of the following statements are true about cash flows?

i. The balance of cash at the end of the year would be smaller than the balance of cash at the beginning of the year, if the net change in cash is positive.

ii. The net cash increase/decrease in the current year's statement of cash flows indicates the difference between last year net profit and the current net profit.

iii. Net change of cash for a period = net cash flows from operating activities + net cash flows from investing activities + net cash flows from financing activities

iv. A growing business is more likely to have a negative cash flow from investing than an established business

Select one:

A. i, ii, iii and iv

B. iii and iv

C. ii, iii and iv

D. i, ii and iii

Q2,Which of the following statements are true about cash flows?

i. The balance of cash at the end of the year would be smaller than the balance of cash at the beginning of the year, if the net change in cash is positive.

ii. The net cash increase/decrease in the current year's statement of cash flows indicates the difference between last year net profit and the current net profit.

iii. Net change of cash for a period = net cash flows from operating activities + net cash flows from investing activities + net cash flows from financing activities

iv. A growing business is more likely to have a negative cash flow from investing than an established business

Select one:

A. i, ii, iii and iv

B. iii and iv

C. ii, iii and iv

D. i, ii and iii