Why Is the Statement of Cash Flows Important

Multiple Choice

Why is the statement of cash flows important?

A) of the three required financial statements,it is the only one which reports changes which took place during an accounting period.
B) it indicates the asset and liability position of a company by reflecting the amounts and types of its assets and liabilities at the beginning and end of the period.
C) it summarizes the information already reported in the income statement and statement of financial position.
D) it explains the sources and uses of cash during the period.