Multiple Choice
The statement of cash flows is:
A) A financial statement that lists the types and amounts of assets, liabilities, and equity of a business on a specific date.
B) A financial statement that reports the cash inflows and outflows for an accounting period.
C) A financial statement that presents information about what happened to equity during a period.
D) Another name for the statement of financial position.
E) A financial statement that lists the types and amounts of the revenues and expenses of a business.
Correct Answer:

Verified
Correct Answer:
Verified
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