What Is Reported on the Statement of Cash Flows

question 11

Multiple Choice

What is reported on the statement of cash flows?

• A)Operating, investing, and financing activities of an entity for a period of time
• B)All revenues and expense listed by operating, financing, and operating activity
• C)Operating, investing, and financing activities of an entity at the balance sheet date
• D)A detail of all incoming and outgoing cash flows of a business

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Definitions:

Depreciated Value

The value of an asset after accounting for depreciation, which is the reduction in value over time due to wear and tear, age, or obsolescence.

Delivery Van

A vehicle specifically designed and used for transporting goods rather than passengers.

Tax Purposes

A phrase referring to the reasons or objectives related to the assessment or payment of taxes.

Rises

In the context of graphs, refers to the upward movement of a function or value as it moves along the horizontal axis.