2A1B WHEN USING THE STATEMENT OF CASH FLOWS TO EVALUATE A COMPANY’S C...
5.
CSO: 2A1d
LOS: 2A1b
When using the statement of cash flows to evaluate a company’s continuing solvency, the
most important factor to consider is the cash
a.
balance at the end of the period.
b.
flows from (used for) operating activities.
c.
flows from (used for) investing activities.
d.
flows from (used for) financing activities.