This statement summarizes the sources and uses of cash by a company during an accounting period.
A) Statement of Retained Earnings
B) Statement of Cash Flows
C) Income Statement
D) Balance Sheet

Question

Quizplus · Accepted Answer

The Statement of Cash Flows summarizes the sources and uses of cash by a company during an accounting period, detailing cash flows from operating, investing, and financing activities.

This Statement Summarizes the Sources and Uses of Cash by a Company