- CFA Exams
- CFA Level I Exam
- Study Session 7. Financial Reporting and Analysis (2)
- Reading 23. Understanding Cash Flow Statements
- Subject 3. Cash Flow Statement Analysis
CFA Practice Question
What is the only source in the financial statements for learning about cash generation?
A. The income statement
B. The balance sheet
C. The statement of cash flows
Explanation: The statement of cash flows is the only source in the financial statements for learning about cash generation. The statement of cash flows provides information about cash inflows and cash outflows during an accounting period.
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