Which of the following statements is not correct? - Study24x7
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Priya Sharma
16 May 2019 09:53 AM study24x7 study24x7

Which of the following statements is not correct?

A

For the purpose of Funds Flow Statement, the term 'fund ' generally refers to net working capital

B

Funds flow is a wider concept than the Cash flow

C

The flow of funds must arise due to external and not internal transactions of the business

D

The capitalisation of reserves by the issue of bonus shares also involves flow of funds

MBA/Management Finance/CA Commerce
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