Multiple Choice Questions on The statement of cash flows clarifies cash flows according to ........ for UPSC EPFO Exam Preparation

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Multiple Choice Questions

The statement of cash flows clarifies cash flows according to ........

General Accounting Principles cash flow statement
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    The statement of cash flows clarifies cash flows according to

    Operating and non-operating flows

    Incorrect Answer

    Investing and non-operating flows

    Incorrect Answer

    Inflows and outflows

    Incorrect Answer

    Operating, investing and financing activities

    Correct Answer
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    Explanation:

    A statement of cash flow is a summary of the inward and outward movement of cash in your business The main categories found in a cash flow statement are

    (1) operating activities,

    (2) investing activities, and

    (3) financing activities of a company and are organized respectively. 

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