How do you think the misstatement of funds will impact the income statement and balance sheet?

Q: Funds management efficiency Operating efficiency ratio

A: Part 1 Fund Management Efficiency = Total assets / Total Equity Capital…

Q: When do the funds earn interest at the MARR?

A: The MARR (Minimum Acceptable Rate of Return), generally referred to as hurdle rate is the lowest or…

Q: Summarize the sources and uses of funds according to the changes in account activities?

A: The fund flow statement reveals the volume of financial transactions and explains the flow of funds…

Q: What is the difference between accounting income and cash flow?

A: Basis of accounting: It can be defined as the methodology that is used by the business to record the…

Q: What is meant by statement of net position of proprietary funds?

A: Proprietary funds:   They are funds used in governmental accounting to record the activities that…

Q: What information does the statement of cash flowsreport that is not reported on the other required…

A: Statement of cash flows: This statement reports all the cash transactions which are responsible for…

Q: Under the principle of cashflow estimation, why it is important that cashflow should be measured on…

A: A cash flow statement determines the net cash inflows and outflows from an organization during a…

Q: What is the nature of the account Fund balance with Treasury? When is that account debited, and when…

A: Nature of accounts helps management to record the financial transactions as per double entry system…

Q: What is the purpose of using the retained funds?

A: After paying the dividends, the company retains the remaining net income which is called addition to…

Q: BRIEFLY A

A: fiscal policy, measures employed by governments to stabilize the economy, specifically by…

Q: What are the consequences of using a poor benchmark to evaluate a fund manager?

A: Benchmark is the standard used for the comparison by the company to know the current performance…

Q: What is Cash flow statement?

A: Cash Flow:-Movement of cash or cash equivalent as inflow or outflow either in real or virtually is…

Q: What advantage do you see in compiling financial data into standardized statements like the Income…

A: Standardized statements also acknowledged as financial statements, these statements such as balance…

Q: Write the summary of sources and uses of funds according to changes in the account?

A:

Q: What are the uses of funds?

A: The uses of fund are as follows: Purchase of fixed asset: If fixed assets such as plant and…

Q: How is Cash audited?

A:

Q: In funds flow statement, outflow of funds on account of operations is [A] application of fund [B]…

A: The fund flow statement is prepared by the business to analyse the reason of changes in the…

Q: How is a Statement of Cash Flows audited?

A: Statement of cash flows is a statement that provides overview of all cash inflows and cash outflows…

Q: Which of the following is not a general-purpose financial statement?   Retained earnings statement…

A: The general purpose financial statements are used to provide financial information about the…

Q: Which of the following is NOT a function of financial management: Select one: O a. Financial…

A: Financial management is the process procuring the funds at low cost and effectively utilizing the…

Q: What are the problems of using cash flow matching in practice

A: Cash flow matching is one of strategy used to match required liabilities due through cash flow from…

Q: What is the difference between a cash basis and an accrual basis measure of performance?

A: Cash Basis :- It is an Accounting Method where Revenue and Expense are identify at the time of…

Q: Describe the changes in balance sheet accounts that would constitute sources of funds. What changes…

A: The question is based on the concept of constituents of fund flow statement, the statement is…

Q: Explain Movement of Funds through Financial Environment.

A: The financial environment includes investors, firms, and markets as the major player. This sector…

Q: A decrease in Accounts Payable is a ( SOURCE or  USE) of funds?

A: The cash flows statement is used to record cash inflows or cash outflow from the company in order to…

Q: In funds flow statement, funds from operations is [A] application of fund [B] source of cash [C]…

A:

Q: What information does the cash flow statement reveal that the other necessary financial statements…

A: The answer:

Q: (a) Distinguish between Money measurement concept and matching concept.

A: Accounting concepts are those rules, regulations and guidelines which are used for completion of…

Q: Does the concept of revenue less expense equaling an increase in equity or fund balance make sense…

A: The answer for the question on the concept of revenue less expense is discussed hereunder : Every…

Q: How could (accurate) balance sheet and incomestatement information be used, along with…

A: Cash Flow Statement is the statement which shows the inflows(receipts) and outflows(payment) of cash…

Q: Differentiate between cash inflows and cash outflows?

A: Cash flows refer to the movements of cash into and out of a business, commonly categorized as…

Q: What is the difference between an income statement and a cash flow statement? Please also explain…

A: Cash flow statement: It is a statement which reports the cash inflows and outflows of a business…

Q: What does the statement of the cash flow report?

A: Statement of cash flow is one of the type of financial statements generally prepared by a company.

Q: when resources should be reported in the financial statements of funds is a basis of accounting…

A: According to the cut off procedures in accounting, the transactions of one period is to be separated…

Q: True or False questions G. The issue of what resources should be reported in the financial…

A: Financial statements comprise an income statement and a position statement. The income statement is…

Q: What are the key factors that can lead to an under/overstatement of  the cash balance

A: Cash balance is the balance appearing in the Cash edger or Cash Books after all income and…

Q: What are the benefits to preparing cash flow statement?

A: Benefits of preparing cash flow statement 1. Determination of changes in cash and cash equivalents…

Q: Difference between source and use of funds?   A decrease in Accounts Payable is a ( SOURCE / USE)…

A: Source of funds: Source of funds are inflow of funds. It tell us where to money come in business. It…

Q: What general guidelines can you provide for interpreting the statement of cash flows?

A:

Q: How are the sources of funds indicated?

A: firms can be evaluated using three financial statements: balance sheet income statement cashflow…