The Statement of Cash Flows for a not-for-profit organization has three different classifications of cash flows.

Question

Quizplus · Accepted Answer

The three classifications of cash flows for a not-for-profit organization are operating activities, investing activities, and financing activities, just like for a for-profit organization. Therefore, the statement of cash flows for a not-for-profit organization does have three different classifications of cash flows.

The Statement of Cash Flows for a Not-For-Profit Organization Has