The cash flow statement will NOT report the
A) amount of cheques outstanding at the end of the period.
B) sources of cash in the current period.
C) uses of cash in the current period.
D) change in the cash balance for the current period.

Question

Quizplus · Accepted Answer

The cash flow statement is designed to report the sources and uses of cash during a period, as well as the overall change in the cash balance. It does not report the amount of cheques outstanding at the end of the period, as this detail is more relevant to the reconciliation of the cash balance in the balance sheet and not a cash flow activity.

The Cash Flow Statement Will NOT Report the