Which of the following is a fundamental purpose of the cash flow statement? To report the To report the
Inflows of cash outflows of cash
A) Yes Yes
B) Yes No
C) No Yes
D) No No

Question

Quizplus · Accepted Answer

The cash flow statement is designed to report both inflows and outflows of cash, making option A the correct choice. It is a crucial financial statement that helps investors, analysts, and business owners understand how much cash is being generated or consumed over a specific period.

Which of the Following Is a Fundamental Purpose of the Cash