Which of the following is not a use of the statement of cash flows? a. Aids in the prediction of future cash flow. b. Helps estimate the amount of funds that will be needed from creditors or stockholders. c. Provides insights into the quality and reliability of reported income. d. Provides a measure of the future obligations of the company.

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter1: The Demand For And Supply Of Financial Accounting Information
Section: Chapter Questions
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Which of the following is not a use of the
statement of cash flows?
a. Aids in the prediction of future cash flow.
b. Helps estimate the amount of funds that will
be needed from creditors or stockholders.
c. Provides insights into the quality and
reliability of reported income.
d. Provides a measure of the future obligations
of the company.
Transcribed Image Text:Which of the following is not a use of the statement of cash flows? a. Aids in the prediction of future cash flow. b. Helps estimate the amount of funds that will be needed from creditors or stockholders. c. Provides insights into the quality and reliability of reported income. d. Provides a measure of the future obligations of the company.
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