Which financial statement reconciles net income with net cash flows from operating activities?
A) Balance sheet
B) Statement of stockholders' equity
C) Statement of cash flows
D) Income statement

Question

Quizplus · Accepted Answer

The statement of cash flows reconciles net income with net cash flows from operating activities. It shows how cash was generated and used during the period and explains the differences between net income and net cash flows from operating activities.

Which Financial Statement Reconciles Net Income with Net Cash Flows