Which Is Not a Purpose of the Cash Flow Statement

question 24

Multiple Choice

Which is not a purpose of the cash flow statement?

• A)To explain the sources and uses of cash in a company's operations.
• B)To explain the economic performance of a company year over year.
• C)To explain cash inflows and outflows used for operations,investing and financing.
• D)To explain the ability to generate sufficient cash to meet the obligations when due.

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Definitions:

Act Of Revenge

An action undertaken to retaliate or punish someone for wrongdoing, often driven by a sense of injustice or anger.

Social Psychology

The scientific study of how individuals' thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

Violent Revenge

Acts of retaliation that involve physical force intended to hurt, damage, or kill someone as a response to a perceived wrong.

Groupthink

A psychological phenomenon where the desire for harmony or conformity in a group results in an irrational or dysfunctional decision-making outcome.