A statement of cash flow requires what disclosures? No disclosures are required on the statement of cash flow. Disclosures are required when the statement of cash flow is not based on the income statement. Disclosures are necessary to reconcile the difference between the direct and indirect method. Disclosures are required for investing and financing activities that take place without generating or consuming cash. give correct answer and explain
A statement of cash flow requires what disclosures? No disclosures are required on the statement of cash flow. Disclosures are required when the statement of cash flow is not based on the income statement. Disclosures are necessary to reconcile the difference between the direct and indirect method. Disclosures are required for investing and financing activities that take place without generating or consuming cash. give correct answer and explain
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
100%
A statement of cash flow requires what disclosures?
No disclosures are required on the statement of cash flow.
Disclosures are required when the statement of cash flow is not based on the income statement.
Disclosures are necessary to reconcile the difference between the direct and indirect method.
Disclosures are required for investing and financing activities that take place without generating or consuming cash.
give correct answer and explain
AI-Generated Solution
Unlock instant AI solutions
Tap the button
to generate a solution
Recommended textbooks for you


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON

Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education

Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education