Question

The statement of cash flows is: Multiple Choice A financial statement that lists the types and amounts of assets, liabilities, and equity of a business on a specific date. Another name for the statement of financial position. A financial statement that presents information about changes in equity during a period. A financial statement that lists the types and amounts of the revenues and expenses of a business for an accounting period.

Answer 1

Answer:

The correct answer is: None of the above.

Explanation:

The Cash Flow Statement or Statement of Cash Flows shows how good a company manages its inflows and outflows of money over a certain period. It represents the ability firms have to generate cash to pay their debt. In this report, the cash flows are classified as operating activities, investing activities, or financing activities.