Solved

A Basic Objective of the Statement of Cash Flows Is

Question 26

Multiple Choice

A basic objective of the statement of cash flows is to


A) Supplant the income statement and balance sheet
B) Disclose changes during the period in all asset and all liability accounts
C) Disclose the change in working capital during the period
D) Provide essential information for financial statements users in making economic decisions

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions