The Financial Statement That Describes Where a Company's Cash Came

question 168

Multiple Choice

The financial statement that describes where a company's cash came from and where itwent during the period is the:

• A)Statement of cash flows.
• B)Statement of changes in equity.
• C)Income statement.
• D)Statement of financial position.
• E)Balance sheet.

---

Definitions:

Probability

The measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Poisson Approximation

A statistical technique used to approximate the probability of a given number of events happening in a fixed interval of time.

Probability

A statistical measure that quantifies the likelihood of an event occurring, ranging from 0 (impossible) to 1 (certain).

Normal Model

A normal model is a statistical distribution that is symmetric, bell-shaped, and describes how different variables are distributed, assuming that most occurrences take place around the mean.