[Solved] Which of the Following Statements Concerning the Statement of Cash

Question 128
Multiple Choice

Which of the following statements concerning the statement of cash flows is true?

A) The statement of cash flows is usually more accurate when using the indirect method.
B) If the direct method is used, a supplementary schedule reconciling net income to net cash from operating activities must still be provided.
C) The statement of cash flows reflects both earnings per share and cash per share.
D) The statement of cash flows is an optional financial statement for external reporting purposes.

10+ million students use Quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes.


Explore our library and get Accounting Homework Help with various study sets and a huge amount of quizzes and questions


Study sets





Upload material to get free access

Upload Now Upload Now
Upload Now

Invite a friend and get free access

Upload NowInvite a friend
Invite a friend

Subscribe and get an instant access

See our plansSee our plans
See our plans