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Commerce · Q2097

Accounting

Graduate and Post Graduate · Commerce · question 2097

Q2097

Cash flow statement is not helpful in:

A.
Planning the repayment of loans and replacement of fixed assets
B.
Projecting the profits of the business in the long run
Answer
C.
Detecting the causes of poor cash position inspite of substantial profits
D.
Evaluation of cash position of a firm

Answer: Option B

Solution

Answer: Option B
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