Post Utme Abu 2023 Commerce Question 26

Practice objective / multiple choice question 26 from the 2023 Post Utme Abu Commerce examination.

Post Utme Abu 2023 Commerce Objective / Multiple Choice
Question 26 POST_UTME_ABU • 2023 • COMMERCE • objective

A firm's cash flow statement is a financial statement that shows the inflows and outflows of cash and cash equivalents over a specific period. What is the main purpose of a cash flow statement?

Answer Options

A. To show the firm's profitability
B. To show the firm's liquidity
Correct Answer C. To show the firm's cash inflows and outflows
D. To show the firm's solvency
Correct Answer
C
Correct Option:
To show the firm's cash inflows and outflows

About This Question

This is Post Utme Abu 2023 Commerce Question 26. It is one of the objective questions from the 2023 Post Utme Abu Commerce examination.

View More Post Utme Abu 2023 Commerce Questions More Post Utme Abu Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support