The Primary Purpose of the Statement of Cash Flows Is

question 28

True/False

The primary purpose of the statement of cash flows is to provide information about the cash receipts and cash payments of a business for a specific period of time.

---

Definitions:

Rank And File

The ordinary members of an organization, such as a union or military force, as distinct from its leadership or officers.

Activism

Efforts to promote, impede, direct, or intervene in social, political, economic, or environmental reform with the desire to make changes in society.

Strike Power

The ability of a labor union or collective of workers to initiate a strike, halting work to demand better conditions, wages, or to protest against policies.

Public Decision-making

The process through which decisions are made by public officials or bodies, representing the interests of the public in governmental or community affairs.