The statement of cash flows is:
A) A financial statement that lists the types and amounts of assets, liabilities, and equity of a business on a specific date.
B) A financial statement that reports the cash inflows and outflows for an accounting period.
C) A financial statement that presents information about what happened to equity during a period.
D) Another name for the statement of financial position.
E) A financial statement that lists the types and amounts of the revenues and expenses of a business.

Question

Quizplus · Accepted Answer

The statement of cash flows reports the cash inflows and outflows for an accounting period, detailing how cash is generated and used in operating, investing, and financing activities.

The Statement of Cash Flows Is