Which of the following statement (s) is/are true in the context of Cash Flow Statement?

Cash Flow Statement shows how cash is expected to flow in and out of your business. Cash Flow Projection and a Cash Flow Statement is one and the same thing. Both 1 and 2 None of the above.

None of the above.

Cash Flow Projection shows how cash is expected to flow in and out of your business. For you, it's an important tool for cash management, letting you know when your outflows are too high or when you might want to arrange short term investment to deal with a cash surplus. As part of your business plan, a Cash Flow Projection will give you a much better idea of how much capital investment your business idea needs. Cash Flow statement and Cash Flow Projection are different terms. Cash Flow Projection shows how cash is expected to flow in and out of your business. For you, it's an important tool for cash management, letting you know when your outflows are too high or when you might want to arrange short term investment to deal with a cash surplus. As part of your business plan, a Cash Flow Projection will give you a much better idea of how much capital investment your business idea needs.