Question 8 1 pts Which of the following is true of the state

Question 8 1 pts Which of the following is true of the statement of cash flows? O It shows how the profits or losses of the company were generated. O It indicates when long-term debt will mature. O It covers a span of time and is dated the same as the income statement. It reports on the qualitative behavior of the company\'s performance.

Solution

The statement of cash flows tells about the liquidity position of a company for a specific period.

Cash flow statement is a mandatory part of set of financial statements and is of same span as of income statement.

Hence the answer is C