Finance Analyst Question:
Download Job Interview Questions and Answers PDF
Explain me why are increases in accounts receivable a cash reduction on the cash flow statement?
Answer:
Since our cash flow statement starts with net income, an increase in accounts receivable is an adjustment to net income to reflect the fact that the company never actually received those funds.
Download Finance Analyst Interview Questions And Answers
PDF
Previous Question | Next Question |
Tell me what is the difference between p&l account and income and expenditure statement? | Basic Finance Analyst Job Interview Questions: |