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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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