CAF-6 · Chapter 8 · Question 10 of 15
What is the requirement for the 'Statement of Cash Flows' under the Companies Act 2017?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) It is a required part of the financial statements for all companies (unless exempted by specific classification).
Explanation
The Companies Act 2017 requires a full set of financial statements, including a cash flow statement, for companies (except for small companies as defined).
More Regulatory Framework (SECP, ICAP, 4th/5th Schedule) MCQs
- Q12Under the Fourth Schedule, listed companies must disclose 'geographical' information about:
- Q13Which classification of companies in the Third Schedule has the least burdensome reporting requirements?
- Q14What must a listed company disclose regarding its 'unutilized' credit facilities under the Fourth Schedule?
- Q15The Third Schedule classifies companies based on criteria such as:
- Q1In Pakistan, the primary authority responsible for regulating and supervising the corporate sector and the capital market is: