Your boss asks you to email a spreadsheet that shows the exchange of money between the company and everyone else it deals with over a period of time. When sending the email, you MOST LIKELY will attach the file named ________.
A)Statement_of_Asset_Flows
B)Statement_of_Liability_Flows
C)Statement_of_Cash_Flows
D)Statement_of_Equity_Flows

Question

Quizplus · Accepted Answer

The statement of cash flows shows the exchange of money between a company and other parties over a period of time, including both inflows and outflows of cash. Therefore, it is the most appropriate file to attach in this situation. The other options listed (A, B, and D) are statements that focus on specific types of transactions (assets, liabilities, and equity), which may not provide a comprehensive view of the company's financial activity.

Your Boss Asks You to Email a Spreadsheet That Shows