Multiple Choice Questions on Statement of changes in working capital is prepared separately in ........ for UPSC EPFO Exam Preparation

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Multiple Choice Questions

Statement of changes in working capital is prepared separately in ........

General Accounting Principles Fund flow statement 
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    Statement of changes in working capital is prepared separately in

    Cash Flow Statement 

    Incorrect Answer

    Funds Flow Statement

    Correct Answer

     Both a and b

    Incorrect Answer

    None of the above 

    Incorrect Answer
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    Explanation:

    Preparation of fund flow statement:-

    STEP 1- Prepare statement of changes in working capital

    STEP 2- Prepare funds from operations

    STEP 3- Preparation of funds flow statement

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