Question : What of the following statements will be considered false?
Option 1: Cash flow statements are useful for forming policies.
Option 2: The external analysis can be performed with a cash flow statement.
Option 3: The cash flow can be estimated with the help of a cash flow statement.vv
Option 4: None of the above
Answer (1)
19th Jan, 2024
Correct Answer: None of the above
Solution : The cash flow statement is of a lot of use. It helps estimate future cash flow, helps people outside the company for external analysis, and the directors of a company can form policies based on the cash flow statement.
Hence the Correct answer is option 4.
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