Which of the following is used to predict when a company will likely experience temporary shortages or surpluses of cash?
A) statement of projected revenue flows
B) balance sheet
C) statement of cash flows
D) pro forma balance sheet

Question

Quizplus · Accepted Answer

The statement of cash flows is used to predict when a company will likely experience temporary shortages or surpluses of cash. It shows the inflows and outflows of cash during a specific period and can help identify periods of negative cash flow or an excess of cash. The other options (A, B, and D) may provide useful information about a company's financial position, but they do not specifically address cash shortages or surpluses.

Which of the Following Is Used to Predict When a Company