Which of the following is not a characteristic of the cash flow statement?
A)It may be the single best measurement of the household's financial performance.
B)It represents how much cash has been generated over a period of time.
C)It includes all household operations that require financial resources.
D)The cash flow statement is fairly difficult to understand and measure.
E)All of the above are characteristics of the cash flow statement.

Question

Quizplus · Accepted Answer

The statement "The cash flow statement is fairly difficult to understand and measure" is not true. In fact, the cash flow statement is designed to be easy to understand and provides useful information about the household's financial performance. The other statements are all true characteristics of the cash flow statement.

Which of the Following Is Not a Characteristic of the Cash