The final cash amount on the statement of cash flows does not have to match the cash balance shown on the balance sheet.

Name: The final cash amount on the statement of cash flows does not have to match the cash balance shown on the balance sheet.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The final cash amount on the statement of cash flows should match the cash balance shown on the balance sheet, as both represent the company's cash position at the end of the reporting period.

The Final Cash Amount on the Statement of Cash Flows