The most effective tool for external parties to monitor a company's cash is the income statement.

Name: The most effective tool for external parties to monitor a company's cash is the income statement.
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

The most effective tool for external parties to monitor a company's cash is the cash flow statement, not the income statement. The cash flow statement provides detailed information on how a company generates and uses cash in its operating, investing, and financing activities.

The Most Effective Tool for External Parties to Monitor a Company's