Multiple Choice
When reconciling operating profit after tax with net cash flow from operating activities,which of the following adjustments is not correct?
A) Add back amortisation.
B) Add an increase in a current liability.
C) Deduct an increase in a current asset.
D) Deduct a loss on the sale of an asset.
Correct Answer:

Verified
Correct Answer:
Verified
Q34: Using the indirect method to prepare the
Q35: The primary purpose of the statement of
Q36: Which of the following information can be
Q37: The time taken from the purchase of
Q38: Cash _ are highly liquid investments and
Q40: Assume all inventory items are purchased for
Q41: Which of the following would assist an
Q42: In which section of the statement of
Q43: The statement of cash flows assists decision
Q44: The formula for the cash adequacy ratio