Assignment Instruction 1. It is an individual assignment. 2. The due date is April 15, 2021. Question: It is widely recognised that one of the key objectives of a company is to generate enough cash to make any required payments, develop the business and give a return to investors. IAS 7 Statement of Cash Flows requires all companies to prepare a statement of cash flows (more commonly referred to as a 'cash flow statement'). Required: a. Identify the objective and scope of IAS 7; b. Select appropriate items to be included under each of the three headings of the statement of cash flows required by IAS 7; C. Construct a statement of cash flows for an individual company in accordance with IAS 7; and d. Construct appropriate disclosure notes for the statement of cash flows required by IAS 7