A report that breaks the analysis into operating, investing, and financial activities is called:
A)Trial Balance.
B)Profit and Loss.
C)Balance Sheet.
D)Statement of Cash Flows.
E)All.

Question

Quizplus · Accepted Answer

A statement of cash flows breaks down a company's activities into three categories: operating activities, investing activities, and financing activities. It reports the flow of cash in and out of the company during a specific period of time. The other options listed (Trial Balance, Profit and Loss, and Balance Sheet) do not specifically break down the analysis into these three categories.

A Report That Breaks the Analysis into Operating, Investing, and Financial