Asked by Janninah Miller on Jun 13, 2024
Verified
Accounting Standard AASB 107 Statement of Cash Flows mandates the provision of cash flow information from operating,financing and investing activities.
AASB 107
Australian Accounting Standards Board rule 107, which specifies requirements for the presentation of cash flow statements.
Cash Flow Information
provides details about a company's cash inflows and outflows over a period.
- Comprehend the disclosure obligations for a cash flow statement according to AASB 107.
Verified Answer
ZK
Zybrea KnightJun 15, 2024
Final Answer :
True
Explanation :
AASB 107 Statement of Cash Flows does mandate the provision of cash flow information from operating, financing, and investing activities.
Learning Objectives
- Comprehend the disclosure obligations for a cash flow statement according to AASB 107.
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