List the Three Sections of the Statement of Cash Flows

question 78

Essay

List the three sections of the statement of cash flows and state what is included in each section.
$$\begin{array} { | l | l | } \hline \text { Statement of cash flows sections } & \text { What is included in each section } \\\hline 1 . & \\\hline 2 . & \\\hline 3 . & \\\hline\end{array}$$

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Definitions:

Depositary Bank

A financial institution that holds and manages the securities of a depositor, facilitating the exchange of securities and related transactions.

Payor Bank

A bank that is responsible for paying a check or draft on behalf of its client.

UCC

Short for Uniform Commercial Code, a set of laws that provide legal rules and regulations governing commercial or business dealings and transactions in the United States.

Cashier's Check

A cashier's check, which is underwritten and signed by the bank itself, utilizing its own finances.