Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Financial Statements of a Company

Question:
Cash flow statement is also known as:
Options:
Funds Flow Statement
A statement of changes in financial position of the company
Statement of Cash Flows
Both 1 and 3
Correct Answer:
Statement of Cash Flows
Explanation:
In financial accounting, a cash flow statement, also known as statement of cash flows, is a financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, and breaks the analysis down to operating, investing and financing activities.