A primary use of the sources and uses of funds is to determine how current assets and longer-term assets are financed.

Name: A primary use of the sources and uses of funds is to determine how current assets and longer-term assets are financed.
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Question

Quizplus · Accepted Answer

The sources and uses of funds help to identify where the funds to finance current assets and longer-term assets come from, whether it's from internal or external sources, such as issuing debt or equity. Therefore, the statement is true.

A Primary Use of the Sources and Uses of Funds