Which of the following best describes the organization of a statement of cash flows?
A) assets = liabilities + shareholders' equity
B) operating, investing, and financing cash flows
C) cash in, cash out
D) payments - receipts = cash

Question

Quizplus · Accepted Answer

The statement of cash flows is typically organized into three parts: operating cash flows, investing cash flows, and financing cash flows. This provides a clear breakdown of the sources and uses of cash in the company's operations, investments, and financing activities.

Which of the Following Best Describes the Organization of a Statement