FAR CPA Practice Questions: Adjusting a Statement of Cash Flow to Correct Errors
In this video, we walk through 5 FAR CPA exam practice questions about adjusting a statement of cash flow to correct errors.
Important Links
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00:00 Intro
00:43 Question 1: Calculating the Correct Ending Cash Balance and Finding the Error
04:15 Question 2: Correcting Incorrect Cash Activity Classifications
06:00 Question 3: The Effects of Purchasing a Building on Each Cash Flow Activity
07:57 Question 4: Correcting Errors in Operating Activities
10:40 Question 5: The Correct Treatment for Interest Paid and Dividends Received
12:57 Pillar Topics