The Statement of Cash Flows Reports

question 119

Multiple Choice

The statement of cash flows reports:

• A) Cash inflows and cash outflows for an accounting period.
• B) Changes in equity.
• C) Equity, net income, and dividends.
• D) Assets, liabilities, and equity.
• E) Revenues, gains, expenses, and losses.

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Definitions:

Consumer Confidence

A measure of how optimistic or pessimistic consumers are about the overall state of the economy and their personal financial situation.

Public Catastrophe

A large-scale, disastrous event affecting the public such as natural disasters, accidents, or health crises, often requiring emergency response and relief efforts.

CSR Campaign

Stands for Corporate Social Responsibility Campaign, which is an initiative by a business to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically-oriented practices.

Reputational Objectives

Goals set by an organization to maintain or improve its standing and perception among stakeholders and the public.