A financial statement that reports the cash inflows and cash outflows for an accounting period,and classifies those cash flows as operating,investing,or financing activities.
A)Financing activities
B)Investing activities
C)Statement of cash flows
D)Indirect method
E)Direct method
F)Operating activities

Question

Quizplus · Accepted Answer

The correct answer is C) Statement of cash flows. This financial statement reports cash inflows and outflows during a specific period and categorizes them into operating, investing, or financing activities.

A Financial Statement That Reports the Cash Inflows and Cash