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A- net income through specific period B- financial position for specific period C- change in cash through specific period D- all answers are false
Answer option >>>>>>>>>>>>>>>>>>>> C- change in cash through specific period.
In financial accounting, a cash flow statement, also known as statement of cash flows, is a financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, and breaks the analysis down to operating, investing and financing activities.
B- financial position for specific period
C->>>>>>>>>>> change in cash through specific period
(C) is the Correct Ans.
Cash flow statement shows the changes in Cash during the accounting period that resulted in change in Financial Position and Statement of Comprehensive Income.
Option C is the answer i.e. Change in cash through specific period.
C- change in cash through specific period
Option
C . change in cash through specific period.(Cash Inflow & Outflow)
Answer: C. Change in cash through specific period
Choice A is the Profit and Loss statement, B is the Balance sheet statement
cash flow statement presents the cash transactions resulted from a specific period. C
.................... D- all answers are false
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