The "bottom line" in a statement of cash flows shows:
A) The cash (including cash equivalents) on the statement of financial position at the end of the period.
B) Net increase or decrease in cash during the period.
C) Profit for the year, computed by the cash basis of accounting.
D) Net cash from operating activities.

Question

Quizplus · Accepted Answer

The Answer of The "bottom line" in a statement of cash flows shows:
A) The cash (including cash equivalents) on the statement of financial position at the end of the period.
B) Net increase or decrease in cash during the period.
C) Profit for the year, computed by the cash basis of accounting.
D) Net cash from operating activities.

The "Bottom Line" in a Statement of Cash Flows Shows