CMA Study Group

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  • 1.  cash flows

    Posted 07-03-2020 05:09 PM

    A statement of cash flows can partially reconcile which of the following?

    Net income to net change in cash

    Net income to year-end cash balance

    The cash basis and accrual bases of accounting

    Investing activities to financing activities



    why b is wrong


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    Hend Abdel-Gafar
    Accountant
    Cairo
    Egypt
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  • 2.  RE: cash flows

    Posted 07-04-2020 01:01 AM
    A should be right

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    Taher Hanif
    Student
    Pune
    India
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  • 3.  RE: cash flows

    Posted 07-04-2020 08:55 AM
    Because it's ignoring the beginning balance as adjusted net income reflect change in operating activity during the year without considering beginning balance.

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    Emad Elmesalami
    Director/Manager
    Riyadh
    Saudi Arabia
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