The statement of cash flows provides insight into a firm's operating, investment, and financing cash flows and reconciles them with changes in its cash and marketable securities during the period of concern.

Question

Quizplus · Accepted Answer

The statement of cash flows is designed to show the sources and uses of cash and cash equivalents in a company. It breaks down a company's cash inflows and outflows into three categories: operating activities, investing activities, and financing activities. The statement of cash flows reconciles these cash flows with changes in the company's cash balance over a given period of time.

The Statement of Cash Flows Provides Insight into a Firm's