Which of the following is one of the purposes of the statement of cash flows?
A)to predict future Net Income
B)to evaluate management decisions
C)to evaluate the company's earnings per share
D)to predict the growth of a company's assets

Question

Quizplus · Accepted Answer

One of the primary purposes of the statement of cash flows is to evaluate management's decisions regarding the company's cash inflows and outflows, including investing and financing activities. It does not predict future Net Income or growth of assets, nor does it evaluate earnings per share.

Which of the Following Is One of the Purposes of the Statement