Asked by Valerie Elisabette on Apr 29, 2024
Verified
The statement of cash flows consists of three sections: cash flows from operating activities, cash flows from income activities, and cash flows from equity activities.
Statement Of Cash Flows
A financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company.
Operating Activities
Activities directly related to the day-to-day operations of a business, such as sales revenue, expense payments, and invoicing.
Income Activities
Activities that generate revenue for a business through its operations, sales, and other income sources.
- Determine the varieties of individuals who utilize financial data, and the reasons behind various fiscal reports.
Verified Answer
Learning Objectives
- Determine the varieties of individuals who utilize financial data, and the reasons behind various fiscal reports.
Related questions
Which of the Following Best Describes Accounting ...
Which of the Following Is the Best Description of Accounting's ...
The Financial Statements Resulting from Combining Parent and Subsidiary Statements ...
________ Is the Area of Accounting Aimed at Serving External ...
________ Explains Changes in the Stockholders' Claim on the Business's ...