The Purpose of the Statement of Cash Flows Is to Show

question 66

Multiple Choice

The purpose of the Statement of Cash Flows is to show:

• A)the revenue earned.
• B)the profits that were earned.
• C)the expenses that were paid.
• D)how cash was received and used during the period.

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Definitions:

Social Networks

Platforms that allow users to build and maintain digital relationships, share information, and communicate over the internet.

Online Service

A service provided over the internet, allowing users to access information or perform tasks remotely.

Geographically Dispersed

Refers to entities, such as people or organizations, that are spread out over a wide geographical area.

Communities of Interest

Groups of individuals or organizations that share a common interest or goal, often collaborating or sharing information on specific topics.