What is the purpose of a statement of cash flow?
A . To show liability and equity and the manner in which those funds are employed in a manner which is useful for users of the statement
B . To account for changes in cash during the accounting period in a manner which is useful for users of the statement
C . To show details of the nature of a company’s operating activities in a manner which is useful for users of the statement
D . To reconcile the beginning and ending balances of stockholders’ equity in a manner which is useful for users of the statement
Answer: B