3 years ago

Which of the following is disclosed separately in a statement of cash flows using the indirect method?

Business

1 answer:

Novosadov [1.4K]3 years ago

8 0

Answer:

C. Increase in retained earnings for the period

Explanation:

The Standard that deals with the Presentation and discloser of Cash flow statement (IAS7) requires that the items that do not involve the use of cash must be disclosed separately. That means item C , increases in retained earnings for the period is disclosed separately since it does not involve the use of cash.

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