What are the three main categories of activities that a company can be looked at from?

Operating, Investing, Financing Manufacturing, Selling, Servicing Borrowing, Repaying, Distributing Planning, Executing, Controlling

What method of cash flow preparation involves using the P&L and Balance Sheet data as input and processing it based on a series of logical steps?

Direct cash flow method Indirect cash flow method Hardcoded cash flow method Voucher-based cash flow method

Why is depreciation added back to the PAT when calculating cash flow from operating activities?

Depreciation is a non-cash expense Depreciation is a revenue item Depreciation is a liability Depreciation is a cash inflow

What happens to the cash position if a company's CAPEX spend increases?

Cash position increases Cash position decreases Cash position remains unchanged Cash position becomes negative

How is the closing balance of the cash position calculated in the indirect method of cash flow?

By adding the current year's cash flow to the previous year's closing balance By subtracting the current year's cash flow from the previous year's closing balance By multiplying the current year's cash flow by the previous year's closing balance By dividing the current year's cash flow by the previous year's closing balance