Basically the funds flow statement is considered a tool for hellip ........

Accountancy (Phase -I & II) Fund flow statement

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Basically, the funds flow statement is considered a tool for…

Cost control

Financial analysis

Performance analysis

None

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Explanation:

Fund flow statement reveals clearly the changes in items of financial position between two different balance sheet dates showing clearly the different sources and applications of funds. Thus, it summarizes the financing and investing activities of the enterprise