In Fund Flow Statement, which one of the following is not a valid statement?

Correct option is D

The  Fund Flow Statement is primarily used for internal financial management rather than external financial management. It helps the management of a company in understanding and analyzing the changes in the financial position and cash flows within the organization. It provides insights into the sources and uses of funds, which can aid in decision-making and financial planning. External stakeholders, such as investors and creditors, typically rely on other financial statements like the balance sheet, income statement, and cash flow statement to assess the financial health and performance of a company. Therefore, option (d) is not a valid statement in the context of the Fund Flow Statement.