The statement of cash flows measures cash flows on a(n) _____ basis.
A) annual
B) accrual
C) cash
D) normalized

Name: The statement of cash flows measures cash flows on a(n) _____ basis. A) annual B) accrual C) cash D) normalized
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Question

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The statement of cash flows measures cash flows on a cash basis, meaning it only takes into account actual inflows and outflows of cash during a period of time. It does not consider non-cash items such as depreciation or accruals.

The Statement of Cash Flows Measures Cash Flows on A(n)