One feature of the statement of cash flows is to show the change in cash for the period.

Question

Quizplus · Accepted Answer

The statement of cash flows is designed to show the change in cash for the period by analyzing the company's sources and uses of cash. This is typically broken down into operating, investing, and financing activities, with the net changes in each category reflected in the overall change in cash for the period. Therefore, it is true that the statement of cash flows includes this important feature.

One Feature of the Statement of Cash Flows Is to Show