The Statement of Cash Flows Is Divided into Three Sections

question 65

True/False

The statement of cash flows is divided into three sections under U.S. GAAP and four sections under IFRS.

---

Definitions:

Informative Advertising

A type of advertising aimed at educating or informing consumers about a product's features, benefits, or uses, often to support decision-making.

Medicare Patients

Individuals who receive healthcare benefits under Medicare, a federal program providing health insurance to people over 65 and some younger individuals with disabilities.

Clinic

A healthcare facility that is primarily focused on the care of outpatients, offering services such as diagnosis, treatment, and patient consultation.

Public Service Announcement

A public service announcement (PSA) is a message broadcasted to the public to inform about and promote awareness on important social, health, or safety issues.