Which of the Following Financial Statements Reports an Increase or Decrease

question 14

Multiple Choice

Which of the following financial statements reports an increase or decrease in net cash during the time period covered?

• A)Income statement
• B)Balance sheet
• C)Cash flow statement
• D)Statement of changes in equity

---

Definitions:

Personal Mandate

A requirement for individuals to obtain a specific good or service, often associated with health insurance policies to ensure broad coverage across a population.

Medicaid Coverage

A joint federal and state program in the United States that helps with medical costs for some people with limited income and resources.

Patient Protection And Affordable Care Act

United States federal statute enacted in 2010 aimed at expanding health insurance coverage, lowering healthcare costs, and improving healthcare system efficiency and patient care.

National Health Insurance

A program in which a nation’s government provides a basic package of health care to all citizens at no direct charge or at a low cost-sharing level. Financing is out of general tax revenues.