cash flow statement is prepared for :
1. long term period
2. short term period
3 . medium term period
4. none of these
Answers
Answer:
long term period (a)
Explanation:
key points:
1)A cash flow statements a financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company.
2)The cash flow statement measures how well a company manages it's cash position,meaning how well the company generates cash to pay its debt obligations and fund it's operating expenses.
3)The cash flow statement complements the balance sheet and income statements and is a mandatory part of a company's financial reports since 1978.
4)The main components of a cash flow statement are cash from operating activities, cash from investigation activities, and cash financing activities.
5)The two methods of calculating cash flow are the direct method and the indirect method.
answer: 1.long term period.