Your boss asks you to e-mail a spreadsheet that shows the exchange of money between the company and everyone else it deals with over a period of time.When sending the e-mail,you MOST LIKELY will attach the file named ________.
A) Statement_of_Asset_Flows
B) Statement_of_Liability_Flows
C) Statement_of_Cash_Flows
D) Statement_of_Equity_Flows
E) Statement_of_Capital_Expenditures

Question

Quizplus · Accepted Answer

The spreadsheet showing the exchange of money between the company and external entities over a period of time is likely to contain information on cash inflows and outflows. Therefore, the most appropriate file to send would be the Statement of Cash Flows, which provides a summary of a company’s cash transactions for a given accounting period. The other options are less relevant as they relate to different aspects of a company’s financial position and performance.

Your Boss Asks You to E-Mail a Spreadsheet That Shows