The statement of cash flows reports a company's cash inflows and cash outflows related to (1)operating activities,(2)investing activities,and (3)financing activities.

Question

Quizplus · Accepted Answer

This is a correct statement. The statement of cash flows provides information on how cash is generated and used by a company and is categorized into three main activities: operating, investing, and financing.

The Statement of Cash Flows Reports a Company's Cash Inflows