Question

How can Fund Flow Statement be defined?

a.

A summary of assets and liabilities at a specific date

b.

Analysis of changes in financial positions between two periods

c.

Statement of cash flows for a particular year

d.

Overview of current assets and liabilities

Posted under IC 89 Management Accounting

Answer: (b).Analysis of changes in financial positions between two periods Explanation:Fund Flow Statement provides an analysis of changes in the financial positions of an enterprise between two financial periods.

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Q. How can Fund Flow Statement be defined?
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