The Primary Purpose of the Statement of Cash Flows Is

question 152

Multiple Choice

The primary purpose of the statement of cash flows is to

• A) provide information about the investing and financing activities during the period.
• B) prove that revenues exceed expenses if there is a net income.
• C) provide information about the sources and uses of cash during a period.
• D) facilitate banking relationships.

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Definitions:

Regression Analysis

A statistical method used to examine the relationship between one dependent variable and one or more independent variables.

Trend Analysis

A forecasting method that extrapolates from historical trends.

Delphi Technique

A method of gathering expert opinions on a subject matter through a series of questionnaires with controlled feedback.

Questionnaires

A set of systematically designed questions aimed at gathering information from respondents for research or assessment purposes.