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Q. Explain about Cash Flow Statement?
Cash Flow Statement: - This is another process of cash management. A cash flow statement is the statement showing inflows as well as outflows of cash during a particular period. In other sense it is a summary of sources and applications of cash during a particular span of time. It analysis the causes for changes in balance of cash between the two balance sheet dates.
A) What are the statements of financial information? Talk about two items from each. B) Describe statement of changes in financial positions, with an example.
Internal capital rationing is used by firms for exercising financial control. How does a firm achieve this?
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