The Primary Purpose of the Statement of Cash Flows Is

question 150

Multiple Choice

The primary purpose of the statement of cash flows is to report

• A) a company's investing transactions.
• B) a company's financing transactions.
• C) information about cash receipts and cash payments of a company.
• D) the net increase or decrease in cash.

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Definitions:

Rationalism

A philosophy which emphasizes reason as the primary source of knowledge and justification over sensory experience.

National Priorities

The objectives or goals that a country considers most important and urgent for its development and welfare.

National Opinion Research Center

An independent research organization at the University of Chicago focusing on social science research to guide and inform public opinion and policy.

Rhodesia

A former name for Zimbabwe, used during its period of unrecognised independence under white minority rule from 1965 to 1979.