Ask Question
BusinessBusiness
16 July, 16:57

In addition to the three basic financial statements, which of the following is also a required financial statement?

a. The "Cash Budget"

b. Statement of Cash Flows

c. Statement of Cash Inflows and Outflows

d. The "Cash Reconciliation"

+2
Answers (1)
  1. 16 July, 17:29
    0
    Answer: B Statement of cash flows

    Explanation: Statement of cash flows is prepared as part of the report included when presenting a Financial Statement. It describes how the cash of an organisation is being managed. it is broken down into 3 parts and they are:

    Cash flow from Operating activities

    Cash flow from Investing activities

    Cash flow from Financing activities
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “In addition to the three basic financial statements, which of the following is also a required financial statement? a. The "Cash Budget" b. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The move of retail banking to use ATMs after Citibank unveiled its first ATMs illustrates the use of information systems to achieve which business objective?
Answers (1)
Kitty Company began operations in the current year and acquired short-term debt investments in trading securities. The year-end cost and fair values for its portfolio of these debt investments follow.
Answers (1)
All of the following are good ways to assess your interests and skills, except A. randomly selecting your Penn Foster elective classes. B. taking career assessments. C. evaluating your role models. D. asking others what you are good at.
Answers (1)
In a process cost system, a work in process account is maintained for each process. one work in process account is maintained for all the processes, similar to a job order cost system. a work in process account is maintained for each product.
Answers (1)
The Maurer Company has a long-term debt ratio of. 60 and a current ratio of 1.70. Current liabilities are $920, sales are $5,160, profit margin is 9.50 percent, and ROE is 18.50 percent. What is the amount of the firm's net fixed assets?
Answers (1)
New Questions in Business
Which is the correct expansion of the term Internet? A. Internetwork B. Institutional Network C. Instructional Network D. International Network
Answers (1)
There are six teens, two babies. one 17 year old and the rest are 18 and over. They want to buy a house with four or five bedroom with some acreage. they have dogs, cats, and horses.
Answers (1)
Costa Rica is a top exporter of coffee. The highest quality coffee is sold abroad, and the lower quality coffee is consumed by native Costa Ricans.
Answers (1)
Kraft, Inc. sponsors a defined-benefit pension plan. The following data relates to the operation of the plan for the year 2015.
Answers (1)
Suppose you put $800 per month into a Roth IRA, that pays 8% APR (compounded monthly). Assume you have nothing saved today, calculate the future value of the retirement account 30 years from today. (Enter a positive value and round to 2 decimals)
Answers (1)
Home » Business » In addition to the three basic financial statements, which of the following is also a required financial statement? a. The "Cash Budget" b. Statement of Cash Flows c. Statement of Cash Inflows and Outflows d. The "Cash Reconciliation"
Sign Up Forgot Password?