The financial statement that provides information about a firm's operating, investing, and financing activities during an accounting period is the
A) balance sheet.
B) income statement.
C) cash flow statement.
D) retained earnings statement.
E) financial analysis statement.

Question

Quizplus · Accepted Answer

The cash flow statement reports a company's cash inflows and outflows during a specified period, providing information on its operating, investing, and financing activities. The balance sheet reports a company's financial position at a specific point in time, the income statement reports a company's revenues and expenses over a given period, the retained earnings statement shows the changes in a company's retained earnings over time, and there is no widely recognized financial analysis statement.

The Financial Statement That Provides Information About a Firm's Operating