Question
How do the financial cash flow statement and the statement of cash flows differ? 1. The statement of cash flows account for all cash flows
How do the financial cash flow statement and the statement of cash flows differ?
1. The statement of cash flows account for all cash flows entering (leaving) the business from (to) stockholders and creditors
2. Interest paid paid is a cash flow from operations in the financial cash flow statement and a cash flow from creditors in the statement of cash flows
3. Interest paid is a cash flow from creditors in the financial cash flow statement and a cash flow from operations in the statement of cash flows
4. The financial cash flow statement is designed to reconcile beginning and end of period cash balances
5. Depreciation is a use of cash in the statement of cash flows
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