[Bourne]

If anyone needs additional practice on the Statement of Cash Flow classifications, below is a link for a little quiz that should help that I just stumbled upon.

https://www.accountingcoach.com/cash-flow-statement/quiz

AUD- 82
REG- 86
FAR- 86
BEC- 88

[Earla Riopel (NYCARE)]

SCF is no problem with me in MCQs, it gets complicated when it is in the form of FS. Just to think a SIM, working a worksheet, trying to figure out the change amounts of a comparative Trial Balance/BS/IS?

In addition, when there are other additional items added to the comparative BS/IS, that's when it becomes tricky. You have to use a T-accounts, add these new balance amounts, using a worksheet with Unadjusted Trial Balance with BS/IS, turn it into Adjusted Trial Balance, and corrected BS/IS.

It's doable, but 100% filled correctly? 75-100%, maybe. Defending on the time left for this type of SIM.

Thanks for the SCF quiz.

AUD - 49
BEC - NINJA in Training
FAR - NINJA in Training
REG - 55

Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits

[Author]

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