Which of the following types of information was specifically identified by the FASB as being useful in assessing the amounts, timing, and uncertainty of a company's future cash flows?
A)liquidity
B)return of investment
C)financial capability
D)credit standing

Question

Quizplus · Accepted Answer

The FASB has specifically identified liquidity information as being helpful in assessing a company's future cash flows. This includes information on the availability and management of cash and other liquid resources. Return on investment, financial capability, and credit standing may also be important factors to consider, but they were not specifically identified by the FASB in this context.

Which of the Following Types of Information Was Specifically Identified