Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Cash Flow Statement

Question:
A financial statement that portrays the cash inflows and outflows of cash during a particular period of time is called which of the following?
Options:
An Income Statement
Statement of Retained Earnings
Balance Sheet
Statement of Cash Flow
Correct Answer:
Statement of Cash Flow
Explanation:
Cash flow is the movement of money in and out of a company. Cash received signifies inflows, and cash spent signifies outflows. The cash flow statement is a financial statement that reports on a company's sources and usage of cash over some time.