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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


Team Careers360 16th Jan, 2024
Answer (1)
Team Careers360 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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