A(n) ________ identifies how much cash is needed to meet financial obligations and the source of that cash.

Question

Quizplus · Accepted Answer

A cash-flow statement provides information on a company's cash inflows and outflows over a period of time. It identifies how much cash is needed to meet financial obligations and where that cash is coming from. The other options listed do not provide this specific information. A balance sheet shows a company's assets, liabilities, and equity at a specific point in time. An income statement shows a company's revenue and expenses over a period of time. A capitalization statement is not a commonly used financial statement. A business statement is also not a commonly used financial statement.

A(n) ________ Identifies How Much Cash Is Needed to Meet