Which of the following is the focus for the statement of cash flows?
A)Cash
B)Cash and cash equivalents
C)Current assets
D)Working capital
E)None of the answers are correct.

Question

Quizplus · Accepted Answer

The statement of cash flows focuses on the movement of cash and cash equivalents during a specific period, including operating, investing, and financing activities. Therefore, choice B is the best answer as it specifically includes cash and cash equivalents.

Which of the Following Is the Focus for the Statement