Solved

The 'Bottom Line' in the Profit or Loss Statement Is

Question 62

Multiple Choice

The 'bottom line' in the profit or loss statement is profit. The 'bottom line' in the statement of cash flows is:


A) cash flow from operations.
B) net increase (decrease) in the cash balance over the period.
C) net cash at the end of the year.
D) net cash at the beginning of the year.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q55: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3115/.jpg" alt=" A) $4000 B)

Q56: Which of these classifications is used in

Q57: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3115/.jpg" alt=" A) $195 000.

Q58: Which of these is a transaction that

Q59: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3115/.jpg" alt=" A) $5000 B)

Q60: B <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3115/.jpg" alt="B A)

Q61: According to AASB's Interpretation 1031, how many

Q63: Under IAS 7/AASB 107 how many of

Q64: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3115/.jpg" alt=" A) $117 000

Q65: The statement of profit or loss shows