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Q27DQ

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Financial & Managerial Accounting
Found in: Page 29
Financial & Managerial Accounting

Financial & Managerial Accounting

Book edition 7th
Author(s) John J Wild, Ken W. Shaw, Barbara Chiappetta
Pages 1096 pages
ISBN 9781259726705

Short Answer

The statement of cash flows reports on what major activities?

Statement of cash flow shows the movement of cash throughout the business and the activities reported are operating, investing, and financing activities.

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Step by Step Solution

Step 1: Definition of statement of cash flow

Statement of cash flow is defined as the financial statement which shows the inflow and outflow of cash throughout the business.

Step 2: Major activities reported statement of cash flow

The major activities reported in the cash flow statement are operating activities, investing activities, and financing activities.

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