Which One of the Following Concepts is Used as Fund in the Preparationof Fund Flow Statement?

(A) Current Assets

(B) Working Capital

(C) Cash

(D) All Financial Resources



Correct Answer : (D)



Explanation : Fund flow statement is the statement which shows the resources and application of fund. So, all financial resources will include in its list of sources of funds. So, instead of showing a,b or c, d is the best answer.