A(n)___________ provides a summary of cash coming into and money going out of a firm from operations activities,financing activities,and investing activities.

Question

Quizplus · Accepted Answer

The statement of cash flows provides a summary of the cash coming into and going out of a firm from its operations activities, financing activities, and investing activities. It allows for an analysis of a company's liquidity and cash flow over a period of time. The income statement shows a company's revenues and expenses over a period of time, but doesn't provide information on cash flow. The cash budget and cash receivables and payables report are both tools for managing cash within a company, but they don't provide a summary of cash flow activities.

A(n)___________ Provides a Summary of Cash Coming into and Money