The statement of cash flows shows the cash flowing into and out of a company.

Name: The statement of cash flows shows the cash flowing into and out of a company.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement of cash flows provides information on the cash inflows and outflows of a company during a specific period, categorized into operating, investing, and financing activities. It helps stakeholders assess a company's ability to generate cash, meet its financial obligations, and invest in future growth opportunities.

The Statement of Cash Flows Shows the Cash Flowing into and Out