Which of the Following Statements Best Describes the Statement of Changes

Multiple Choice

Which of the following statements best describes the Statement of Changes in Equity?

A) It provides information about the financial position of an entity at a specific point in time.
B) It measures the economic performance of the entity over a period of time.
C) It summarizes the changes to shareholders' equity during a period.
D) It shows how an entity managed its cash during the reporting period.