Question

The presentation of the major classes of operating cash receipts (such as receipts from customers) is a key aspect of which financial statement?

a) Income Statement
b) Balance Sheet
c) Statement of Cash Flows
d) Statement of Retained Earnings

Answer 1

The presentation of operating cash receipts is a key aspect of the Statement of Cash Flows.

Step-by-step explanation:

The presentation of the major classes of operating cash receipts, such as receipts from customers, is a key aspect of the Statement of Cash Flows.