Internal users of the statement of cash flows often use cash flow information to plan day-to-day operating activities and make long-term investment and financing decisions.

Question

Quizplus · Accepted Answer

Internal users, such as managers and executives, use cash flow information to make decisions regarding the company's operations and investments. Therefore, the statement of cash flows is an important tool in guiding day-to-day and long-term planning for internal users.

Internal Users of the Statement of Cash Flows Often Use