The Primary Purpose of a Statement of Cash Flows Is

question 36

Multiple Choice

The primary purpose of a statement of cash flows is to provide information about:

• A) profit.
• B) long-term financial position.
• C) gross profit.
• D) cash inflows and cash outflows.

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Definitions:

Achieving Goal

The process of setting, pursuing, and attaining objectives or desired outcomes.

Behaviors

are the actions or reactions of an individual in response to external or internal stimuli.

Infant

A very young child, particularly before they can walk or speak; the earliest stage in human development.

Square

A geometric shape with four equal sides and four right angles.