Mudigandur Soumyamudigandur soumya asked 7 months ago
1 Answers
RaviRavi Staff answered 7 months ago

Option C — Says to check whether last 2 years cash flow statement was as per forecast which was made for last 2 years, now in this we are checking how was the performance in the past. We should have checked what are the forecast for next 2 years and whether such cash flows are happening.

So such procedure as in option “C” should not be done