The statement of cash flows helps financial statement users evaluate a company's earnings performance at a point in time.

Name: The statement of cash flows helps financial statement users evaluate a company's earnings performance at a point in time.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement of cash flows shows the inflows and outflows of cash during a period of time, not just at a point in time. It helps users understand how a company generated and used cash during the period.

The Statement of Cash Flows Helps Financial Statement Users Evaluate