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.

Understand the importance of setting realistic goals for business messages.

Properly allocate time among planning, writing, and completing stages of the writing process.

Develop ideas that align with the intended outcome of the message.

Evaluate the purpose of a message through critical questioning.

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Definitions:

Time Axis

A graphical representation of time on one of the axes, typically used in project scheduling and planning.

Ford Motor Company

An American multinational automaker known for producing cars and commercial vehicles.

Japanese Approach

Denotes a methodology or style that is characteristic of Japanese management and production techniques, often focusing on efficiency, consensus, and continuous improvement.

Quality

Quality refers to the degree to which a set of inherent characteristics fulfill requirements, ensuring products or services meet customer expectations.