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The statement of cash flows reports:_______ a) Changes in equity. Equity, net income, and dividends. b) Cash inflows and cash outflows for an accounting period. c) Revenues, gains, expenses, and losses.
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28 votes
28 votes
The statement of cash flows reports:_______ a) Changes in equity. Equity, net income, and dividends. b) Cash inflows and cash outflows for an accounting period. c) Revenues, gains, expenses, and losses. d) Assets, liabilities, and equity.

User Achyut Rastogi
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1 Answer

12 votes
12 votes

Answer:

b. Cash inflows and cash outflows for an accounting period.

Step-by-step explanation:

The cash flows statement reported the cash inflows and cash outflows of the company. It includes three kinds of activity i.e. operating, investing and financing. Here cash inflows means the cash is come so the same is to be added and cash outflow means the cash is gone so the same is to be deducted

Therefore the option b is correct

User Nachiket Gohil
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3.3k points
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