The statement of cash flows should be reviewed for several time periods in order to determine the major sources of cash and the major uses of cash.
举一反三
- Cash<br/>flows are grouped in the statement of cash flows into the following<br/>major categories( ) A: Cash receipts, cash disbursements, and noncash activities B: Direct cash flows and indirect cash flows C: Operating activities, investing activities, and financing activities D: Operating activities, investing activities, and collecting activities
- We can determine cash flows by looking at the causes of the changes in all of ________except cash and cash equivalents.
- Operating cash flows have to be presented according to the direct method in the statement of cash flows
- In a statement of cash flows, cash transactions are classified into three major categories. Which of the following is one of these three categories? ( ) A: Collecting activities. B: Operating activities. C: Financing activities. D: Investing activities.
- The statement of cash flows reports and proves the net change in cash for a reporting period.