23. Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted.
Which of the following is the least likely reason an investor or creditor would use the Statement of Cash Flows?
Select exactly 1 answers from the following:
A. To determine a company抯 monthly cash budget.
B. To assess a company抯 ability to manage cash flow.
C. To anticipate a company抯 need for additional financing.
D. To assess a company抯 ability to pay dividends and interest.
答案和详解如下！
Feedback: Correct answer: A
2006 CFA Level I Program Readings, "The Statement of Cash Flows," Ch. 14, Financial Accounting, Belverd E. Needles, Jr., and Marian Powers, 8th edition, (Houghton Mifflin, 2004), pp. 264 2006 Modular Level I, Volume II, page 562 Study Session 7-32-a identify the types of important information for investment decision making presented in the statement of cash flows
A company's monthly cash budget would be an internal management tool and would not be available to investors and creditors. The Statement of Cash Flows is not normally published on a monthly basis.
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发表于 2006-11-21 11:52
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