Chapter 5 -Statement of Cash Flows Flashcards
1
Q
SCF presents a ….
A
detailed summary of all the cash inflows and outflows and sources
2
Q
SCF presents ____ years
A
3
3
Q
Purpose of SCF is to assess… of cash flows
A
amounts, timing , uncertainty
4
Q
format of SCF
A
operating, investing, finance
5
Q
operating activities
A
result from income statement activities
6
Q
investing activities
A
related to long-lived assets, investment assets
7
Q
financing activities
A
relates to external financing with owners and creditors
