1. Information of the financial performance is provided by _______ . a. Statement of profit and loss b. Statement of changes in owners c. Statement of financial position d. Cash flow statement
1. Information of the financial performance is provided by _______ . a. Statement of profit and loss b. Statement of changes in owners c. Statement of financial position d. Cash flow statement
1. Information of the financial performance is provided by _______ . a. Statement of profit and loss b. Statement of changes in owners c. Statement of financial position d. Cash flow statement
1. Information of the financial performance is provided by _______ .
a. Statement of profit and loss
b. Statement of changes in owners
c. Statement of financial position
d. Cash flow statement
2. The following are terms used synonymously with equity except
a. Capital
b. Net Assets
c. Net worth
d. Revenue
3. Information about the revenue and expenses is provided by _____.
a. Statement of changes in equity
b. Statement of Cash Flow
c. Statement of Financial position
d. Statement of performance
4. Information on changes in Assets, Liabilities and Owners Equity account
a. Statement of changes in equity
b. Statement of Cash Flow
c. Statement of Financial position
d. Statement of performance
Definition Definition Net amount of cash that an entity receives and expends over the course of a given period. For a business to continue operating, positive cash flows are required, and they are also necessary to produce value for investors. Investors in particular prefer to see growing cash flows even after capital expenditures have been paid for (which is known as free cash flow).
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