Which of the following is not true regarding the statement of cash flows?
A) It reports the impact of a firm's operating, investing, and financing activities on cash flows during the accounting period.
B) It discloses items that affect the balance sheet, but do not show up on the income statement, such as issuance of stock.
C) It is not a required component of a company's external financial statements.
D) It explains how cash changed from the end of the previous year to the end of the current year.
C
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Possessing resources that are important, scarce, and cannot be substituted by others creates ______.
A. interdependence B. the law of reciprocity C. coercive power D. dependence
All hackers are considered unethical.
Answer the following statement true (T) or false (F)
Explain how you can demonstrate being a team player
What will be an ideal response?
Ortny Industries has an accounts receivable turnover ratio of 4.3. If Ortny has an accounts receivable balance of $90,000, what is Ortny's average daily credit sales?
A) $387,000 B) $1,548 C) $1,060 D) $3,521