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    Question

    The business organization prepares the set of financial

    statements. Which option is not a part of financial statement?
    A Income Statement Correct Answer Incorrect Answer
    B Cash Flow Statement Correct Answer Incorrect Answer
    C Fund Flow Statement Correct Answer Incorrect Answer
    D Balance Sheet Correct Answer Incorrect Answer
    E Notes to Accounts Correct Answer Incorrect Answer

    Solution

    Fund Flow Statement is not a part of the financial statements. AĀ fund flow statementĀ is a financial document that tracks the movement of financial resources (typically defined as working capital) in and out of a company between two specific balance sheet dates. It explains the reasons behind the changes in a company's financial position by detailing where funds were sourced and how they were applied.

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