Question

Which of the following types of businesses are required by law to prepare a Cash Flow Statement?

a) Sole Trader
b) Partnership
c) Public Company
d) All of the above

Answer 1

A Cash Flow Statement is required by law for sole traders, partnerships, and public companies.

Step-by-step explanation:

A Cash Flow Statement is required by law for all types of businesses, including sole trader, partnership, and public company.