The cash flow statement is designed to fulfil all of the following purposes except:
A) to predict cash flows.
B) to evaluate employee performance.
C) to relate net profit to changes in cash.
D) to evaluate firm performance.

Question

Quizplus · Accepted Answer

The cash flow statement is not designed to evaluate employee performance. It is designed to predict cash flows, relate net profit to changes in cash, and evaluate firm performance.

The Cash Flow Statement Is Designed to Fulfil All of the Following