The Statement of Cash Flows Does Not Report the

question 116

Multiple Choice

The statement of cash flows does not report the

• A) sources of cash in the current period.
• B) uses of cash in the current period.
• C) amount of checks outstanding at the end of the period.
• D) change in the cash balance for the current period.

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Definitions:

Economic Growth

An increase in the capacity of an economy to produce goods and services, compared over a period of time.

Total Output

The total quantity of goods or services produced by a firm or economy in a given period.

Economy

A system of production, distribution, and consumption of goods and services among individuals and businesses in a certain area or country.

Increasing Rate

A situation or condition where there is a rise in the percentage or level of a particular economic variable or indicator over a designated period.