Telecel is a telecommunication company in Ghana. You have been contacted as a consultant for the company to develop a Cash Flow Statement in support of a financial assistance from a financial institution.

Required;

i$.$ Develop a Cash Flow Statement using eight operating cash flows two of which should be cash inflows and six cash outflows for five years. $(5$ marks$)$

ii$.$ State six appropriate assumptions for the cash flows. $(3$ marks$)$

iii. Recommend any four audit procedures which should be performed assuming that you are an auditor for the telecommunication company.