A sources and uses of funds statement is often called a ____________.
A)net income/loss statement
B)cash flow statement
C)liquidity statement
D)statement of assets and liabilities

Question

Quizplus · Accepted Answer

A sources and uses of funds statement is also known as a cash flow statement. This statement shows the inflows and outflows of cash during a specific period, providing information on the sources of cash and the uses of cash. It includes operating activities, investing activities, and financing activities.

A Sources and Uses of Funds Statement Is Often Called