1.The cash flow statement shows all the inflows and outflows of owner's equity during the period.

Select one:

a.True

b.False

2.In addition to reporting the inflows and outflows of cash, a cash flow statement also details the assets, liabilities and equity at a point in time.

Select one:

True

False

3.Inflows of cash could come from increases in assets other than cash.

Select one:

a.False

b.True

4.The cash flow statement will reconcile the changes in cash from the amount on the balance sheet of the prior period to the amount on the balance sheet at the end of the current period.

Select one:

a.False

b.True