Accounting MascotAccounting Q&A

What is the purpose of a Cash Flow Statement?
submitted by Toni

fredrick Edesiri David

The purpose of cash flow statement is to know how cash is being used during a particular period of time.

Humayun saeed

It provides information about a company's gross receipts and gross payments.

Vernon K Dzwairo

To assess the movement of cash within an organisation.

ABEL H/GIORGIS

Its purpose is to understand the inflows and outflows of cash from operating, investing, and financing activities.

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