A primary objective of the statement of cash ﬂows is to show the earnings or loss on investing and ﬁnancing transactions.

Name: A primary objective of the statement of cash ﬂows is to show the earnings or loss on investing and ﬁnancing transactions.
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Question

Quizplus · Accepted Answer

The primary objective of the statement of cash flows is to show the inflows and outflows of cash from operating, investing, and financing activities, and not to show earnings or loss on investing and financing transactions.

A Primary Objective of the Statement of Cash ﬂOws Is