The statement of financial position measures cash inflows and outflows of a company over a period of time.

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The statement of financial position, also known as the balance sheet, provides a snapshot of a company's financial position at a specific point in time. It shows the company's assets, liabilities, and equity. It does not measure cash inflows and outflows over a period of time, which is shown in the statement of cash flows.

The Statement of Financial Position Measures Cash Inflows and Outflows