Q 7.84: How does the statement of financial position differ from the statement of cash flows in regards to reporting a company's financial information related to cash? The statement of financial position reports the cash amount available at a single point in time, and the statement of cash flows reports how cash is used during a period of time. A The statement of financial position reports how the company plans to use available cash balances, and the statement of cash flows reports how cash is used over a period of time. The statement of financial position reports the cash amount at a single point in time, and the statement of cash flows reports how the company plans to use available cash balances. The statement of financial position reports the cash amount over a period of time, and the statement of cash flows reports how cash was used at a single point in time