The income statement provides investors and creditors with information to predict all of the following except the:
A) amount of future cash flows.
B) sources of future cash flows.
C) timing of future cash flows.
D) uncertainty of future cash flows.

Question

Quizplus · Accepted Answer

The income statement does not specifically provide information about the sources of future cash flows; it focuses on the company's revenues, expenses, and profits, which help predict the amount, timing, and uncertainty of future cash flows.

The Income Statement Provides Investors and Creditors with Information to Predict