The statement of cash flows reports all but which of the following:
Multiple Choice
Cash flows from operating activities.
Cash flows from financing activities.
Cash flows from investing activities.
Significant noncash financing and investing activities.
The financial position of the company at the end of the accounting period.
Solution:
The statement fo cash flow reports -
Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities.
But It does not report, non- cash financing and investing activities,and also financial position of the company at the end of accounting period.
Statement of cash flows, does not report non- cash activities , it is financial statement that reports changes in balancesheet and income which affetcts cash only. It gives analysis in three parts-
Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities.
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