For NPOs, cashflows in the statement of cash flows are classified into Group of answer choices direct and indirect unrestricted, temporarily restricted, and permanently restricted program services and support activities operating, investing, and financing activities

For NPOs, cashflows in the statement of cash flows are classified into Group of answer choices direct and indirect unrestricted, temporarily restricted, and permanently restricted program services and support activities operating, investing, and financing activities

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter16: Statement Of Cash Flows

Section: Chapter Questions

Problem 7Q: Explain the difference between the two methods used to prepare the operating section of the...

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Question

For NPOs, cashflows in the statement of cash flows are classified into

Group of answer choices

direct and indirect

unrestricted, temporarily restricted, and permanently restricted

program services and support activities

operating, investing, and financing activities

Definition Definition Net amount of cash that an entity receives and expends over the course of a given period. For a business to continue operating, positive cash flows are required, and they are also necessary to produce value for investors. Investors in particular prefer to see growing cash flows even after capital expenditures have been paid for (which is known as free cash flow).

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