what is the basic difference between cash flow and funds
flow statement?
Answer Posted / pranjal
cash flow statement includes transactions which are in cash
only n which are also of short term nature, it shows
inflows n outflows of cash..
while fund flow statement includes those transactions which
r of long term nature & provisions of future r also
recorded in this statement it shows how funds come into
bussiness n how they are applied for a particular use. ..
Is This Answer Correct ? | 3 Yes | 1 No |
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