Which of the following statements is not correct?
A. For the purpose of Funds Flow Statement, the term 'fund ' generally refers to net working capital
B. Funds flow is a wider concept than the Cash flow
C. The flow of funds must arise due to external and not internal transactions of the business
D. The capitalisation of reserves by the issue of bonus shares also involves flow of funds
A. For the purpose of Funds Flow Statement, the term 'fund ' generally refers to net working capital
B. Funds flow is a wider concept than the Cash flow
C. The flow of funds must arise due to external and not internal transactions of the business
D. The capitalisation of reserves by the issue of bonus shares also involves flow of funds