Sakthi Finance Assistant Manager Finance & Accounts Interview Questions and Answers

Cash flow refers to the movement of money in and out of a business, showing how much cash is generated and spent over a specific period of time.

• Cash flow is crucial for assessing a company's financial health and ability to meet its obligations.

• There are three main types of cash flow: operating, investing, and financing.

• Positive cash flow indicates that a company is generating more cash than it is spending, while negati...read more

Accrued income is revenue that has been earned but not yet received.

• Accrued income is recorded on the income statement as revenue even though the cash has not been received yet.

• It is typically seen in situations where services have been provided or goods have been delivered, but payment has not been made by the customer.

• Accrued income is an asset on the balance sheet until the cash is received.

• Examples include interest...read more