Statement of Cash Flows
ICAN Financial Accounting
6 Statement of Cash Flows practice questions covering everything you need for ICAN.
Drill Statement of Cash Flows →Sample Statement of Cash Flows questions
Under IAS 7 Statement of Cash Flows, which of the following transactions would be classified as a FINANCING activity for a non-financial entity?
Adeola Manufacturing Limited reported profit before tax of ₦42,500,000 for the year ended 31 December 2023. The following information is also available: Depreciation charge ₦6,800,000; Increase in tra…
Pursuant to IAS 7, dividends paid by an entity may be classified in the statement of cash flows as:
Chukwuemeka & Sons Plc acquired 100% of the shares of Nkemdirim Ltd on 1 July 2023 for a total consideration of ₦185,000,000, of which ₦150,000,000 was paid in cash and ₦35,000,000 was satisfied by is…
Okonkwo Retail Plc prepares its statement of cash flows using the direct method. During the year ended 30 September 2023, the following data relate to trade receivables and revenue: Revenue per income…
In accordance with IAS 7, which of the following items is EXCLUDED from cash and cash equivalents in the statement of cash flows?