ACC 421 Week 4 DQs
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ACC 421 Week 4 DQs
Discussion Questions
What does a statement of cash flows tell you about a company? Why is the statement of cash flows important? Can a company have profits but no cash? Why?
What is included in each section of the statement of cash flows? What does each section tell you about a company? Which of the three classifications of activities included on a statement of cash flows is the most important? Why?
What are the differences between the direct and indirect method of presenting a statement of cash flows? Which method of presenting a statement of cash flows is the best? Why? How does the statement of cash flows relate to the other financial statements?
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