Supreme As Per Accounting Standard 3 Cash Flow Is Classified Into
It means Cash Flow prepared as per Accounting Standard -3 as notified by GovernmentIt is compulsory for every Company to Make Cash Flow as per this formatIn normal Cash Flow there are 3 headsSources of CashUses of CashAs per AS-3 Cash flowThese heads are divided into 3 types of ActivitiesOperating.
As per accounting standard 3 cash flow is classified into. As per Accounting Standard-3 Cash Flow is classified into. Operating activities are the principal revenue-producing activities of. Accounting Standard AS 3 Revised Format.
Operating activities and investing activities. Concepts of Cash Flow Statement - MCQs with answers 1. Cash flow statement is a statement showing the inflow and outflow of the cash of a company classified in 3 categories of activities.
Cash management consists of the investment of excess cash in the cash equivalents. These are the principal revenue generating activities of the enterprise. - Published on 03 Sep 15.
AS 3 Cash Flow Statements states that cash flows should exclude the movements between items which forms part of cash or cash equivalents as these are part of an enterprises cash management rather than its operating financing and investing activities. These are the principal revenue producing activities of the enterprise and other activities. The Accounting Standard AS 3 Cash Flow Statement came into effect from 1st April 1997.
It involves movement of the cash in the company from these 3 categories of activities. The AS 3 is not applicable to small and Medium Scale industries. Accounting Standard-3 Cash Flow Statement by Nithin Raj.
As per Accounting Standard-3 Cash Flow is classified into a Operating activities and investing activities b Investing activities and financing activities c Operating activities and financing activities d Operating activities financing activities and investing activities View Answer. The cash flow statement begins with the operating activities section. Cash Flow Statement is a statement which shows inflows and outflows of cash and its equivalent in an enterprise during a specified period of time.