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

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When preparing a statement of cash flows under the indirect method, supplementa...
Posted by:
Mohamed Hakeem Meerashahib
08-March-2016

Auditing Cost Accounting Financial Accounting Bank Accounting managerial accounting

Question added by Mohammed Mohammed , Senior SAP Consultant , Abyat Mega Store
Date Posted: 2015/01/24

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7 Answers

by georgei assi , مدير حسابات , المجموعة السورية

The correct answer answer B

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by Deleted user

false

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B

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by sajid mohammad , Senior Audit assistant

B.

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

Correct answer is B - False

In Direct method we follow this pattern.

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

Correct answer is B - False

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Ayman Esa Mustafa Farrag

by Ayman Esa Mustafa Farrag , مدير مالي , شركة الصفوف

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

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