On the Statement of Cash Flows,the Sum of the Three

question 116

Multiple Choice

On the statement of cash flows,the sum of the three major components (operating activities,investing activities,financing activities) adds up to

• A)net income for the period.
• B)the change in the cash account balance between the beginning and ending of the period.
• C)the ending cash balance.
• D)the amount of cash inflow for the period.

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Definitions:

Statistical Property

A characteristic or attribute that can be defined or measured statistically, such as mean or variance.

Sample

A small part or quantity intended to show what the whole is like or to be used for testing and analysis.

Population

The whole group of individuals or entities that is the subject of statistical analysis.

Statistical Base

The underlying data or information used for statistical analysis or for forming conclusions.