The Primary Purpose of the Statement of Cash Flows Is

question 39

Multiple Choice

The primary purpose of the statement of cash flows is to report which of the following?

• A) liability changes made by the financial department of the company during the period.
• B) profit earned and dividends paid during the period.
• C) all inflows and outflows of cash during the period.
• D) assets owned and claims against those assets at the end of the period.

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Definitions:

Ego

Within the framework of psychoanalytic theory, it's the component of personality tasked with negotiating among the urges of the id, the dictates of the superego, and the constraints of reality.

Oedipus Complex

A Freudian concept describing a child's unconscious sexual desire for the opposite-sex parent and jealousy toward the same-sex parent.

Superego

A component of Sigmund Freud's psychoanalytic theory, representing the moral conscience and ideal standards.

Id

In psychoanalytic theory, the part of the personality structure that contains a person's basic, instinctual drives.