HBX CORE: FINANCIAL
ACCOUNTING EXAM 2025 |
GUARANTEED ACCURATE
ANSWERS |COMPLETE EXAM
MATERIAL |A+ GRADED
3 types of financial statements - ACCURATE ANSWERS✔✔ balance
sheet, income statement, statement of cash flows
Statement of Cash Flows - ACCURATE ANSWERS✔✔ A financial
statement that provides a detailed financial picture about the cash
receipts and cash payments of a business for a specific period of time. It
also reconciled beginning and end balances.
sections of statement of cash flows - ACCURATE ANSWERS✔✔
operating activities, investing activities, financing activities
cash flows from operating activities - ACCURATE ANSWERS✔✔ cash
inflows and outflows directly related to earnings from normal
operations. Under US GAAP, interest paid is included here. Result is net
cash flow from operating activities.
indirect method of preparing operating section of cash flow -
ACCURATE ANSWERS✔✔ Start with net income from income
, statement. Make adjustments to undo impact of accruals made during
that period.
cash flows from investing activities - ACCURATE ANSWERS✔✔ cash
inflows and outflows related to the acquisition or sale of productive
facilities, investments in the securities of other companies, and loans to
3rd parties
cash flows from financing activities - ACCURATE ANSWERS✔✔ cash
inflows and outflows related to external sources of financing
(owners/investors and creditors) for the enterprise. Under GAAP,
dividends paid is in this section. Under IFRS, dividends paid may be in
operating section an interest paid my be here.
Start up cash flow - ACCURATE ANSWERS✔✔ Negative or low
operating activity, negative cash from investing, large fluctuations in
cash flow from financing
Profitable/ growing business cash flow - ACCURATE ANSWERS✔✔
Positive cash from operating activity, negative cash from investing,
positive/negative/neutral cash flow from financing
Mature company cash flow - ACCURATE ANSWERS✔✔ Positive cash
from operating activity, slightly negative cash from investing, negative
cash flow from financing
ACCOUNTING EXAM 2025 |
GUARANTEED ACCURATE
ANSWERS |COMPLETE EXAM
MATERIAL |A+ GRADED
3 types of financial statements - ACCURATE ANSWERS✔✔ balance
sheet, income statement, statement of cash flows
Statement of Cash Flows - ACCURATE ANSWERS✔✔ A financial
statement that provides a detailed financial picture about the cash
receipts and cash payments of a business for a specific period of time. It
also reconciled beginning and end balances.
sections of statement of cash flows - ACCURATE ANSWERS✔✔
operating activities, investing activities, financing activities
cash flows from operating activities - ACCURATE ANSWERS✔✔ cash
inflows and outflows directly related to earnings from normal
operations. Under US GAAP, interest paid is included here. Result is net
cash flow from operating activities.
indirect method of preparing operating section of cash flow -
ACCURATE ANSWERS✔✔ Start with net income from income
, statement. Make adjustments to undo impact of accruals made during
that period.
cash flows from investing activities - ACCURATE ANSWERS✔✔ cash
inflows and outflows related to the acquisition or sale of productive
facilities, investments in the securities of other companies, and loans to
3rd parties
cash flows from financing activities - ACCURATE ANSWERS✔✔ cash
inflows and outflows related to external sources of financing
(owners/investors and creditors) for the enterprise. Under GAAP,
dividends paid is in this section. Under IFRS, dividends paid may be in
operating section an interest paid my be here.
Start up cash flow - ACCURATE ANSWERS✔✔ Negative or low
operating activity, negative cash from investing, large fluctuations in
cash flow from financing
Profitable/ growing business cash flow - ACCURATE ANSWERS✔✔
Positive cash from operating activity, negative cash from investing,
positive/negative/neutral cash flow from financing
Mature company cash flow - ACCURATE ANSWERS✔✔ Positive cash
from operating activity, slightly negative cash from investing, negative
cash flow from financing
