[amp_mcq option1=”i, iii, iv” option2=”ii, iii, v” option3=”i, iv, v” option4=”ii, iii, iv” correct=”option3″]<\/p>\n
The correct answer is: C. i, iv, v<\/strong><\/p>\n A funds flow statement is a financial statement that shows the sources and uses of cash and cash equivalents for a specific period of time. The sources of funds can be classified into three categories: operating activities, investing activities, and financing activities.<\/p>\n Operating activities are the day-to-day activities of a business that generate revenues and expenses. Examples of operating activities include selling goods and services, collecting cash from customers, and paying suppliers.<\/p>\n Investing activities are the activities that involve the purchase and sale of long-term assets, such as land, buildings, and equipment. Examples of investing activities include purchasing a new piece of equipment and selling an old piece of equipment.<\/p>\n Financing activities are the activities that involve the raising and using of capital. Examples of financing activities include issuing shares, borrowing money, and repaying loans.<\/p>\n The following are the correct statements as regards the sources of funds for a Funds Flow Statement:<\/p>\n The following are incorrect statements as regards the sources of funds for a Funds Flow Statement:<\/p>\n I hope this helps! Let me know if you have any other questions.<\/p>\n","protected":false},"excerpt":{"rendered":" [amp_mcq option1=”i, iii, iv” option2=”ii, iii, v” option3=”i, iv, v” option4=”ii, iii, iv” correct=”option3″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-53204","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"\n\n
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