Question : Cash Flow Statement is a statement that shows the cash flows, i.e., inflow and outflow of___________during the period.
Option 1: Assets and liabilities
Option 2: Income and expenditure
Option 3: Cash and cash equivalents
Option 4: Profit and loss
Answer (1)
21st Jan, 2024
Correct Answer: Cash and cash equivalents
Solution : Answer = cash and cash equivalents
Cash flow statement that shows the cash flow, inflow and outflow of cash and cash equivalents during the accounting period from operating, investing and financing activities. It provides insights into a company's liquidity by detailing how cash is generated and used within a specific timeframe.
Hence, the correct option is 3.
Comments (0)
Related Questions
Trending Articles/News
