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21 June, 09:27

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"

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  1. 21 June, 09:48
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    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
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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"
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