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FAC1602 ASSESSMENT 4 UNISA SEMESTER 2 2024 (+A SOLUTIONS) What is the primary objective of a statement of cash flows? a. To predict future sales revenue. b. To report only the income earned by a business during the year. c. To provide information about th$2.85
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Elementary Financial Accounting and Reporting (FAC1602)
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FAC1602 ASSESSMENT 4 UNISA SEMESTER 2 2024 (+A SOLUTIONS) What is the primary objective of a statement of cash flows? a. To predict future sales revenue. b. To report only the income earned by a business during the year. c. To provide information about th
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Elementary Financial Accounting and Reporting (FAC1602)
Institution
University Of South Africa (Unisa)
FAC1602 ASSESSMENT 4 UNISA SEMESTER 2 2024
What is the primary objective of a statement of cash flows?
a. To predict future sales revenue.
b. To report only the income earned by a business during the year.
c. To provide information about the cash inflows and outflows of a
business during a fin...
Elementary Financial Accounting and Reporting (FAC1602)
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Education is the most powerful weapon which you can use to change the world
,10/22/24, 9:26 AM Assessment 4 (page 1 of 17)
FAC1602-24-S2 Welcome Message Assessment 4
QUIZ
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Question 1
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What is the primary objective of a statement of cash flows?
a. To predict future sales revenue.
b. To report only the income earned by a business during the year.
c. To provide information about the cash inflows and outflows of a
business during a financial year.
d. To track the changes in equity over the financial period.
In which situation would a branch need to record an entry in the branch
adjustment account?
a. When the branch makes a local purchase
b. When inventory is invoiced at cost price
c. When inventory is returned to the head office
d. When inventory is invoiced at selling price
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