The cash flow statement covers the same period of time as the income statement and the statements of comprehensive income, retained earnings and changes in shareholders' equity.

Question

Quizplus · Accepted Answer

The cash flow statement, like the income statement, statements of comprehensive income, retained earnings, and changes in shareholders' equity, typically covers a full fiscal year or quarter, providing a summary of how a company manages its cash during these periods.

The Cash Flow Statement Covers the Same Period of Time