A statement of cash flows provides a summary of cash inflows and cash outflows during the reporting period.

Name: A statement of cash flows provides a summary of cash inflows and cash outflows during the reporting period.
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Question

Quizplus · Accepted Answer

A statement of cash flows reports the cash inflows (receipts) and cash outflows (payments) for a specific period of time (typically a month, quarter, or year). It provides information on how cash was generated and used by a company during that period.

A Statement of Cash Flows Provides a Summary of Cash