Which one of the following statements is correct, with regard to the preparation of a statement of cash flows that complies with IAS 7 Statement of Cash Flows?
A、A statement of cash flows prepared using the direct method produces the same figure for net cash from operating activities as a statement produced by the indirect method.
B、An increase in a bank overdraft during the accounting period is included within cash flows from financing activities. C
A、profit on the sale of equipment is included within cash flows from investing activities. D
A、surplus on the revaluation of property will appear within cash flows from investing activities.
A、A statement of cash flows prepared using the direct method produces the same figure for net cash from operating activities as a statement produced by the indirect method.
B、An increase in a bank overdraft during the accounting period is included within cash flows from financing activities. C
A、profit on the sale of equipment is included within cash flows from investing activities. D
A、surplus on the revaluation of property will appear within cash flows from investing activities.
【参考答案及解析】
The net cash flows from operating activities will be the same using the two methods
The net cash flows from operating activities will be the same using the two methods