The statement of cash flows:
A) Provides information about historical changes in cash and cash equivalents as a result of operating, investing, and spending activities.
B) Provides information to assess whether the entity is able to generate cash and cash equivalents.
C) Provides information about the needs of equity holders to utilize cash and cash equivalents.
D) More than one of the above.

Question

Quizplus · Accepted Answer

The Answer of The statement of cash flows:
A) Provides information about historical changes in cash and cash equivalents as a result of operating, investing, and spending activities.
B) Provides information to assess whether the entity is able to generate cash and cash equivalents.
C) Provides information about the needs of equity holders to utilize cash and cash equivalents.
D) More than one of the above.

The Statement of Cash Flows