The Statement of Cash Flows:
A)shows how cash changed during the period.
B)is an optional financial statement.
C)shows the change in the fair value of the entity's common stock during the period.
D)shows the dividends that will be paid in the future.

Question

Quizplus · Accepted Answer

The Statement of Cash Flows provides information about how cash and cash equivalents changed during a specific period, detailing cash inflows and outflows from operating, investing, and financing activities.