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P2 C6 CASH FLOW STATEMENT — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP2 C6 CASH FLOW STATEMENT1 Mark
MCQ
For which business enterprises, cash flow statement is not mandatory ?
  • A
    Business enterprises whose equity and debt securities are listed on Indian stock exchanges.
  • B
    Business enterprises whose equity and debt securities are listed on stock exchanges outside India.
  • C
    It is evident from the resolution of board of director that unit is in the process of listing of equity and debt security.
  • ✓
    Business enterprises whose equity and debt securities are not listed on stock exchanges in India or outside India.
✓

Answer

Correct option: D.
Business enterprises whose equity and debt securities are not listed on stock exchanges in India or outside India.

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