Question

As per AS-3, Cash Flow Statement is mandatory for

A) All enterprises

B) Companies listed on a stock exchange

C) Companies with a turnover of more than Rs 50 crores

a) Both A and B

b) Both A and C

c) Both C and B​

Answer 1

as per AS-3 cash flow statement is mandatory for companies with turnover of more than Rs 50 crores and companies listed on a stock exchange.