All of the Following Are Required by IFRS for the Statement

question 59

Multiple Choice

All of the following are required by IFRS for the statement of cash flows except:

• A)The operating activities section.
• B)The financing activities section.
• C)The investing activities section.
• D)Significant non-cash transactions.

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Definitions:

Relevant Range

The range of activity within which the assumptions about variable and fixed cost behavior are valid.

Cost Behavior

The study of how specific costs change in relation to changes in a company's level of activity or volume of output.

Linear

Pertaining to or resembling a line; often used in mathematics to describe a relationship of direct proportionality.

Relevant Range

The range of activity within which the assumptions made about cost behavior are valid.