The Statement of Cash Flows Measures Operating Performance

question 121

True/False

The statement of cash flows measures operating performance.

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Definitions:

Balanced Portfolio

An investment strategy involving holding a variety of assets classes, such as stocks, bonds, and cash, to reduce risk while aiming to achieve a reasonable return.

Earned Income

Revenue generated from the sale of goods or services by an organization or individual.

Earned Income

Earned income is revenue generated from the sale of goods and services. For nonprofits, this includes income earned aside from donations and grants.

Social Enterprise

Social enterprise denotes a business model that aims to address social problems or improve communities, environments, or people's lives through sustainable and revenue-generating strategies.