Accountancy, asked by deepanshujaat8053, 10 months ago

Give any two limitations of Cash Flow Statement.

Answers

Answered by sanishaji30

1

Answer:

a) Fails to Present Net Income

(b) Fails to Assess the Liquidity and Solvency Position

(c) Neither a Substitute of Funds Flow Statement nor Income Statement

(d) Not to Assess Profitability

(e) Does not Conform with the Companies Act

(f) Does not Assess Future Cash Flows

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