ECONOMICS
BUDGETING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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assets
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liabilities
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revenue
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income
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Detailed explanation-1: -A cash flow statement is a financial statement that provides aggregate data regarding all cash inflows that a company receives from its ongoing operations and external investment sources. It also includes all cash outflows that pay for business activities and investments during a given period.
Detailed explanation-2: -The cash flow statement shows the source of cash and helps you monitor incoming and outgoing money. Incoming cash for a business comes from operating activities, investing activities and financial activities.
Detailed explanation-3: -The cash flow statement should report cash flows during the period classified by operating, investing and financing activities.
Detailed explanation-4: -A cash flow statement is a financial statement that presents total data concerning complete cash inflows a business gains from its continuing progress and external financing sources, as well as all cash outflows that pay for trading activities and finances during a delivered time.
Detailed explanation-5: -The cash flow statement (previously known as the flow of funds statement), shows the sources of a company’s cash flow and how it was used over a specific time period.