Common uses of the statement of cash flows include all but which of the following?

Select one:

A. Management prediction of future cash flows for decision making.

B. Investor assessment of cash flows before buying and selling stock.

C. Government assessment of whether company is able to pay taxes as they become due.

D. Management determination of the specific sources and uses of cash.

E. Creditor evaluation of a company's ability to generate cash to cover debt.

Question

Business

Ariella

10 July, 06:03

Common uses of the statement of cash flows include all but which of the following?

Select one:

A. Management prediction of future cash flows for decision making.

B. Investor assessment of cash flows before buying and selling stock.

C. Government assessment of whether company is able to pay taxes as they become due.

D. Management determination of the specific sources and uses of cash.

E. Creditor evaluation of a company's ability to generate cash to cover debt.

+5

Answers (1)

Know the Answer?

Patricia Velasquez · Answer 1

Government assessment of whether company is able to pay taxes as they become due.

Explanation:

the government has no responsibility to stimate if a given business is in a capable financial position for paying taxes.