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Commerce · Q1218

Costing

Graduate and Post Graduate · Commerce · question 1218

Q1218

Indicate the correct option as regards the sources of funds for a funds flow statement from the following 1. Increase in working capital. 2. Decrease in working capital. 3. Writing-off the intangible/fictitious assets. 4. Issuing equity shares for acquisition of a building for office. 5. Charging depreciation on fixed assets. Select the correct answer

A.
1, 3 and 4
B.
2, 3 and 5
Answer
C.
1, 4 and 5
D.
2, 3 and 4

Answer: Option B

Solution

Answer: Option B
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