Question

two technicians are discussing cash flow statements. technician a states a cash flow statement shows a business owner or shop manager where money is coming in and where money is being spent. technician b states a cash flow statement can be a very useful tool used to identify area of your business in which you wish to exercise more control. who is correct?

neither technician
technician a
both technicians
technician b

Explanation:

A cash - flow statement indeed shows the sources of cash inflows and areas of cash outflows. It also helps in identifying areas of the business where more control is needed by highlighting cash - related inefficiencies or areas of high expenditure. So both technicians are correct.

Answer:

C. Both Technicians