Accounting for IGCSE & O level - Preparation Of Financial Statements (Section 8 - No. 34)
What is the purpose of a Cash Flow Statement?
To report a company's assets and liabilities.
To report a company's revenues and expenses.
To show the movement of cash in and out of a company over a period.
To calculate a company's net income.
Explanation
A Cash Flow Statement tracks cash inflows and outflows.
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