Cash flow and funds flow statements both concentrate on the inflow and outflow of cash

Name: Cash flow and funds flow statements both concentrate on the inflow and outflow of cash
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cash flow statements focus specifically on the inflow and outflow of cash, while funds flow statements deal with the sources and uses of funds, highlighting changes in the financial position of a business, which includes both cash and non-cash items.

Cash Flow and Funds Flow Statements Both Concentrate on the Inflow