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Non Cash items are NOT added to net profit while computing cash flow from Operating Activities in indirect method as per IAS 7. A. True B. False

Auditing Cost Accounting Financial Accounting Bank Accounting managerial accounting
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Question added by Mohammed Mohammed , Senior SAP Consultant , Abyat Mega Store
Date Posted: 2015/01/24
Upvote (2) Views (9) Followers (7) Answers (7) Report Question
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georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

The correct answer answer B

Deleted user
by Deleted user

false

jamil rehman
by jamil rehman , Group Finance Manager , Ayoub Al Zarouni Group

Correct answer is B - False

In Direct method we follow this pattern. 

Nasir Muhammad
by Nasir Muhammad , Chief Financial Officer , AL Bustan (FMCG), Abha, Asir, Saudi Arabia

Correct answer is B - False

Ayman Esa Mustafa Farrag
by Ayman Esa Mustafa Farrag , مدير مالي , شركة الصفوف

False ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

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