Post Utme Bells University 2021 Accounting Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Bells University Accounting examination.

Post Utme Bells University 2021 Accounting Objective / Multiple Choice
Question 28 POST_UTME_BELLS_UNIVERSITY • 2021 • ACCOUNTING • objective

A government agency is required to prepare a statement of cash flows. What is the primary purpose of the statement of cash flows?

Answer Options

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

About This Question

This is Post Utme Bells University 2021 Accounting Question 28. It is one of the objective questions from the 2021 Post Utme Bells University Accounting examination.

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