To complete the statement of cash flows,the net change in cash and its effects on the beginning cash balance must be shown.

Name: To complete the statement of cash flows,the net change in cash and its effects on the beginning cash balance must be shown.
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Question

Quizplus · Accepted Answer

The net change in cash and its effects on the beginning cash balance are necessary components of the statement of cash flows. Without them, the statement would not provide a full picture of the company's cash flow for the period.

To Complete the Statement of Cash Flows,the Net Change in Cash