The personal cash flow statement indicates income and expenses and suggests how much free cash flow an individual has on a periodic basis.

Question

Quizplus · Accepted Answer

The personal cash flow statement consists of income and expenses, and the result of subtracting total expenses from total income is the individual's free cash flow. Therefore, the statement does suggest how much free cash flow a person has on a periodic basis.

The Personal Cash Flow Statement Indicates Income and Expenses and Suggests