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      Question

      Funds flow statement is prepared to

      :
      A Ascertain the item-wise outflow of funds in a given period. Correct Answer Incorrect Answer
      B Identify changes in working capital Correct Answer Incorrect Answer
      C Identify reasons behind changes in working capital Correct Answer Incorrect Answer
      D Both A & B Correct Answer Incorrect Answer
      E A, B and C Correct Answer Incorrect Answer

      Solution

      The correct answer is E

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