A statement of cash flows in a financial report that shows incoming and outgoing money during a particular period (often monthly or quarterly). It does not include _________ items such as depreciation. The statement is a useful tool for determining the short-term viability of a company, particularly its ability to pay bills.

Question

Quizplus · Accepted Answer

The statement of cash flows focuses on actual cash transactions and does not include non-cash items like depreciation, which do not involve actual cash movement.

A Statement of Cash Flows in a Financial Report That