Which of these would provide stakeholders with information about how a company obtained and used cash in the most recent accounting period, as well as its cash balance at the end of the accounting period?
A) cash budget
B) income statement
C) shareholders' equity statement
D) statement of cash flows

Question

Quizplus · Accepted Answer

The statement of cash flows is the only financial statement that provides information about a company's cash inflows and outflows during the accounting period, as well as its ending cash balance. The cash budget is a forward-looking plan, the income statement shows revenue and expenses over the period, and the shareholders' equity statement shows changes in equity over the period.

Which of These Would Provide Stakeholders with Information About How