We’ve just added a few more applied questions to our IAS 7 Statement of Cash Flows quiz.
Some of the areas we’ll test you are:
– Do you know what to add back and subtract from an indirect statement of cash flows?
– Do you know what goes into operating activities, investing activities and financing activities?
– How do you calculate the actual cash paid to suppliers using the indirect method?
– What category of cash should the sale of machinery go under?
All our new questions are available right now to our members. If you’d like to try a free IAS 7 quiz, just click on the Free Quizzes button at top of your screen. If you’d like to sign up for all our questions, click here to register.