Multiple Choice
Which of the following items will affect the flow of funds?
A) A transaction affecting both non - current accounts
B) A transaction affecting both current accounts
C) A transaction affecting current and non- current accounts
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q31: The Head office account in the books
Q32: Profit generated from the branch is transferred
Q33: Branch which donot maintain its own set
Q34: Cash from operations is equal to<br>A)Net profit
Q35: Redemption of preference share capital is shown
Q37: Increase in the amount of prepaid expenses
Q38: Collection from debtors would result in<br>A)Source of
Q39: Branches may be classified into<br>A)Account branches and
Q40: For depreciation on fixed assets, whose accounts
Q41: Transaction between branches are called_.<br>A)Inter? branch transactions<br>B)Branch