The statement of cash flows can be used for evaluating, comparing, and predicting future cash flows.

Name: The statement of cash flows can be used for evaluating, comparing, and predicting future cash flows.
Brand: Quizplus
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Quizplus · Accepted Answer

The statement of cash flows provides detailed information about a company's cash inflows and outflows from operating, investing, and financing activities, which can be used to evaluate financial health, compare performance with other companies, and predict future cash flows.

The Statement of Cash Flows Can Be Used for Evaluating