Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Cash Flow Statement

Question:

In how many activity cash flows are categorized while preparing a cash flow statement?

Options:

1

3

5

7

Correct Answer:

3

Explanation:

A cash flow statement provides information about the historical changes in cash and cash equivalents of an enterprise by classifying cash flows into operating, investing, and financing activities.