Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Accountancy Financial Statement Analysis Fund Flow Analysis
Which one of the following statements is not true?
1
Depreciation is source of funds.
2
Major source of working capital in the long run, is profits form operations
3
Any transaction that increases working capital is a source of funds.
4
Profits earned from non-operating activities is added to net profit while calculating profits from operations.