The statement of cash flows is: a.another name for the statement of financial po

Question

The statement of cash flows is:
a.another name for the statement of financial position.
b. a financial report showing assets, liabilities, and equity of an enterprise on a specific date.
c. a financial statement that reports the cash inflows and outflows for an accounting period, and that classifies those cash flows as operating activities, investing activities, and financing activities.
d. a financial statement showing revenues earned by a business, the expenses incurred in earning the revenues, and the resulting net income or net loss.

Explanation / Answer

option " c" is the correct answer

cash flow statement :

net income :
add/ less: operting activities
add/less:  investing activites
add/ less: finacing acitivites
                total cash flow
less           beginig cash flow
                  =net cash flow

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