Ch 6 (IFSA) Understanding the Cash Flow Statement

Question 1

___ provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company’s balance sheet.

Answer 1

The cash flow statement

Question 2

The cash flow statement provides information about a company’s ___ during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company’s balance sheet.

Answer 2

cash receipts and cash payments

Question 3

The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flows link ___.

Answer 3

the ending cash balance to the beginning balance shown on the company’s balance sheet

Question 4

___ provided by the cash flow statement contrasts with the accrual-based information from the income statement.

Answer 4

The cash-based information

Question 5

The cash-based information provided by ___ contrasts with the accrual-based information from the income statement.

Answer 5

the cash flow statement

Question 6

The cash-based information provided by the cash flow statement contrasts with ___ from the income statement.

Answer 6

the accrual-based information

Question 7

The cash-based information provided by the cash flow statement contrasts with the accrual-based information from ___.

Answer 7

the income statement