The Statement of Cash Flows and the Statement of Financial

Multiple Choice

The statement of cash flows and the statement of financial position are interrelated because:

A) both disclose the corporation's profit.
B) the ending amount of cash on the statement of cash flows must agree with the amount in the statement of financial position.
C) the ending amount of cash on the statement of cash flows must agree with the amount on the income statement.
D) the ending amount of cash on the statement of cash flows must agree with the amount in the statement of changes in equity.