Question

Time Spent: 01:49:35 Time Limit: Unlimited Started At: Sep 12, 2020 8:33 PM Last Worked: Sep 13, 2020 1:28 PM Submitted At: Sep 13,2 Submitted By: Student pleted Close Preview Window Small Preview The difference between the beginning and ending cash balances shown on the balance sheet X a. is added to net income to obtain total cash inflows. b. serves as a control figure for the statement of cash flows. c. is deducted from net income to obtain net cash inflows. d. is the source of all investing and financing activities. e. is both "deducted from net income to obtain net cash inflows" and "the source of all investing and financing activities". Privacy Center | Terms of Use | Copyright Notices | Cengage Technical Support Nelson Technical Support | Acces O HI a hp

Answer 1

B. Serves as a controling figure for the statement of Cash flows.

Reason-

As the difference shows the total amount of cash generated from operating, investing and financing activities after used in operating, investing and financing activities. so we can say that it can be used as controling figure for the statement of cash flow.