Question

What documents and data are crucial for the preparation of Cash Flow Statements?

a.

Income statements and tax returns

b.

Balance Sheets for Comparative study

c.

Marketing reports and customer feedback

d.

Employee payroll records

Posted under IC 89 Management Accounting

Answer: (b).Balance Sheets for Comparative study Explanation:The preparation of Cash Flow Statements involves analyzing Balance Sheets at the beginning and end of the financial year for comparative study.

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Q. What documents and data are crucial for the preparation of Cash Flow Statements?
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