The statement of cash flows shows the cash flowing in and out of the firm from three types of activities: operations, investing, and financing. It also shows the net increase or decrease in cash from all three sources and the total amount of cash on hand at the end of the period.

Question

Quizplus · Accepted Answer

This statement is true. The statement of cash flows is a financial statement that shows the cash inflows and outflows from a company's operations, investing, and financing activities. It also shows the net change in cash for the period and the ending cash balance.

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