The Statement of Cash Flows Reports

question 59

Multiple Choice

The statement of cash flows reports

• A)Assets,liabilities,and owners' equity
• B)Cash inflows and outflows for an accounting period
• C)Revenues,gains,expenses,and losses
• D)Owners' equity,profit,and dividends
• E)Cash inflows and outflows for an accounting period and owners' equity,profit,and dividends

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Definitions:

Coefficients

Numbers or constants placed before and multiplying the variables in an algebraic expression, indicating their relation.

Simplify

The process of making an expression or equation easier to understand or solve by reducing its complexity.

Like Terms

Terms in an algebraic expression that have the same variables raised to the same powers, allowing them to be combined through addition or subtraction.

Associative Property

A mathematical rule that states the way in which numbers are grouped (associated) does not change their sum or product.