Question:In what way are the Balance Sheet and the Cash Flow Statement linked in a dynamic forecast? 

A There is no relationship between the two. 

B Changes in Accounts Receivable are carried over to the Cash Flow Operating Activities section. 

C Net Income is determined on the Balance Sheet and carried over to the Cash Flow Statement. 

D Tax liability is calculated using both statements. 

+ Answer
+ Report
Total Preview: 568

Copyright © 2024. Powered by Intellect Software Ltd