The Statement of Cash Flows May Also Be Called the

question 136

Multiple Choice

The statement of cash flows may also be called the

• A) funds statement.
• B) sources and uses statement.
• C) statement of retained earnings.
• D) bank statement.

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Definitions:

Fraudulent Misrepresentation

A false statement of fact made by a person who knows, or should know, that it is false, and made with the intention of deceiving another.

Authority

The legal power or right given to an individual or body to make decisions, enforce rules, or govern.

Identity

The distinguishing character or personality of an individual; aspects that make up who someone is.

Warranty of Authority

A guarantee made by an agent that they have the authority from their principal to perform a certain act.