Which statement is true regarding Cash Flow Statements? (1 point)
a. Can be on a monthly, quarterly, and/or year-end basis.
b. Cash Flow Statement shows where cash is being directed and employed throughout the business.
c. Cash Flow Budget shows anticipated cash flows. (Forecast)
d. Cash Flow Statement shows cash flows for past period. (History)
e. All of these responses are true
f. Concerned with the amount of cash and the timing of the cash flows
g. Cash Flow Statement Measures the inflow & outflow of cash
e. All of... View the full answer
- I thought the same thing, but the quiz answer shows that this is incorrect answer.
- Aug 04, 2018 at 7:49pm
- i am sorry but i am very sure that all the points are correct except the cash flow budget. cash flow budgets are not cash flow statement but they are part of master budget. I regret but I am very confident
- Aug 04, 2018 at 7:51pm
- I agree with you 100%
- Aug 04, 2018 at 7:53pm
- Aug 04, 2018 at 7:55pm
- Thank you for your help.
- Aug 04, 2018 at 7:56pm
- Aug 04, 2018 at 8:13pm