Accounting for IGCSE & O level - Preparation Of Financial Statements (Section 18 - No. 36)
What is the purpose of a statement of cash flows?
To show the financial position of the company.
To report the revenues and expenses.
To summarize the cash inflows and outflows.
To show the distribution of profit.
Explanation
The statement of cash flows tracks a company's cash activity.
Comments (0)
