The Primary Purpose of the Statement of Cash Flows Is

question 23

Multiple Choice

The primary purpose of the statement of cash flows is to report which of the following?

• A)profit earned and dividends paid during the period.
• B)all inflows and outflows of cash during the period.
• C)assets owned and claims against those assets at the end of the period.
• D)liability changes made by the financial department of the company during the period.

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Definitions:

Unlawful Question

A question that is illegal or not permitted under current laws, often related to employment, interviews, or surveys, violating privacy or discrimination laws.

Honest Assessment

refers to providing a truthful evaluation or critique, focusing on accuracy and sincerity without the influence of bias or personal interest.

Employee Turnover Rate

Refers to the rate at which employees leave a company within a certain period, often calculated annually.

HR Manager

A professional responsible for overseeing and managing an organization's human resources or personnel, including recruitment, training, and compliance with labor laws.