A statement of cash flows should reconcile the differences between the beginning and ending balances of:
A) Cash.
B) Cash equivalents.
C) Cash and cash equivalents.
D) Working capital.
E) Cash,cash equivalents,and long term investments.

Question

Quizplus · Accepted Answer

A statement of cash flows reconciles the differences between the beginning and ending balances of cash and cash equivalents. Working capital is not included in the statement of cash flows, and long term investments may be included in the investing activities section of the statement of cash flows, but they are not necessary for the reconciliation of the beginning and ending balances of cash and cash equivalents.

A Statement of Cash Flows Should Reconcile the Differences Between