Which of the Following Statements Regarding the Statement of Cash

question 6

Multiple Choice

Which of the following statements regarding the statement of cash flows is true?

• A) The statement of cash flows analyzes the change in cash.
• B) The statement of cash flows is organized to present classifications for total cash inflows and not cash outflows.
• C) The statement of cash flows analyzes only the changes in current assets and current liabilities.
• D) The statement of cash flows is an optional financial statement.

---

Definitions:

Education

The systematic instruction, schooling, or training given to individuals to impart knowledge, develop skills, and foster attitudes and behaviors.

SELL Sequence

An acronym for Show, Explain, Lead-in, and Lock-up, representing a series of steps a salesperson can use to guide a sales conversation towards a successful conclusion.

Trial Close

A technique used by salespeople to assess a prospect's readiness to buy, often involving a question or statement that assumes the sale has been made.