What is the name given to the sum of the subtotals of the three sections (operating activities, investing activities, and financing activities)of the statement of cash flows?
A)Net income for the period
B)Net change in cash
C)The ending cash balance
D)The amount of cash inflow for the period

Question

Quizplus · Accepted Answer

The sum of the subtotals of the three sections of the statement of cash flows is known as the net change in cash. This represents the total amount of cash that has either been generated or used up by the company during the period. It is important to note that this figure does not take into account any non-cash transactions.

What Is the Name Given to the Sum of the Subtotals