What is reported on the statement of cash flows?
A) Operating, investing, and financing activities of an entity for a period of time
B) All revenues and expense listed by operating, financing, and operating actitivity
C) Operating, investing, and financing activities of an entity at the balance sheet date
D) A detail of all incoming and outgoing cash flows of a business

Question

Quizplus · Accepted Answer

The statement of cash flows reports on the operating, investing, and financing activities of an entity for a specific period of time, typically a fiscal year. It details the sources and uses of cash, including cash inflows and outflows from operating activities (such as sales revenue and expenses), investing activities (such as purchases of equipment or investments), and financing activities (such as issuing bonds or repaying loans).

What Is Reported on the Statement of Cash Flows