The statement of cash flows should be reviewed for several time periods in order to determine the major sources of cash and the major uses of cash.

Name: The statement of cash flows should be reviewed for several time periods in order to determine the major sources of cash and the major uses of cash.
Brand: Quizplus
Rating: 4.8 (28 reviews)

Question

Quizplus · Accepted Answer

Reviewing the statement of cash flows for multiple time periods allows for analysis of trends in cash flows and identification of significant changes in sources and uses of cash.

The Statement of Cash Flows Should Be Reviewed for Several