Which of the Following Statements About the Cash Flow Statement

Multiple Choice

Which of the following statements about the cash flow statement is true?

A) The cash flow statement reports what the net income would be if the cash basis of accounting had been followed.
B) The cash flow statement deals with cash, an asset; therefore, the cash flow statement is a snapshot statement just like the balance sheet.
C) The cash flow statement does not have to be included in general purpose financial statements.
D) The cash flow statement shows how the company managed its money for the period from more than just operations.