Question : Cash Flow Statement is prepared according to the___________.

Option 1: AS-3

Option 2: Revised AS-3

Option 3: AS-6

Option 4: AS-10

Question : Which of the following statements about the statement of cash flow is not correct?

Option 1: Cash flow statement is part of financial statement

Option 2: Cash flow statement is prepared on cash basis of accounts

Option 3: Cash flow statement is substitute of cash account

Option 4: Cash flow reports are generally prepared at the end of the accounting year

Question : The cash flow statement begins with the :

Option 1: Cash Flow from Investing activity

Option 2: Cash flow from Financing activity

Option 3: Cash flow from Operating activity

Option 4: None of the above

Question : Cash-flow statement is prepared for a______________.

Option 1: Past period

Option 2: Future period

Option 3: Both 1 and 2

Option 4: None of the above

Question : Cash-flow statement is prepared for a______________.

Option 1: Past period

Option 2: Future period

Option 3: Both 1 and 2

Option 4: None of the above