Wgu c213 topic 5 - Study guides, Class notes & Summaries

WGU C213 - Topic 5The statement of cash flows replaces the Balance sheet Statement of financial position Income statement - correct answer None of these The statement of cash flows - correct answer Summarizes all cash inflows and outflows of an entity for a given period of time Which of the following is NOT a purpose of the statement of cash flows? - correct answer It measures the profitability of an entity. Which of the following statements is NOT true? The statement of c...