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Funds flow statements are prepared so as to

A. To identify the changes in working capital

B. To identify reasons behind change in working capital

C. To know the item-wise outflow of funds during given period

D. All of the above

Related Questions on Management Accounting Test Questions

Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

D. None of the above