2 marksFinancial Statements and Users of Accounting Information

CAPE Management of Business Unit 1 · 2011 · Paper 2 · Question 6(b)(i)

John, owner of John's Chemicals & Supplies, is reviewing his cash flow statement to guide business decisions.

Outline to John the meaning of the term 'cash flow statement'.

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

6(a)(i)State ONE way in which the final accounts of a business serve as a major source of information for Investors.[2 marks]
6(a)(ii)State ONE way in which the final accounts of a business serve as a major source of information for Suppliers.[2 marks]
6(a)(iii)State ONE way in which the final accounts of a business serve as a major source of information for Government.[2 marks]
6(a)(iv)State ONE way in which the final accounts of a business serve as a major source of information for Business Managers.[2 marks]
6(b)(ii)Outline to John TWO advantages of a cash flow statement to his business.[4 marks]
6(c)Construct the Trading and Profit and Loss Account for John's Chemicals & Supplies for the period ended May 31, 2010.[11 marks]

More practice: the rest of this paper · more Financial Statements and Users of Accounting Information questions · all CAPE Management of Business Unit 1 past papers