The cash flow statement answers the questions "From where did the cash come?' and "Where did the cash go?"

Name: The cash flow statement answers the questions "From where did the cash come?' and "Where did the cash go?"
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The cash flow statement tracks the flow of cash in and out of a business, and provides information on the sources and uses of cash during a specific period. Therefore, it answers the questions of where the cash came from (inflows) and where the cash went (outflows).

The Cash Flow Statement Answers the Questions "From Where Did