Question

[9] Which of the following cash flows per share should be reported in a statement of cash flows? A. Primary cash flows per share only. B. Fully diluted cash flows per share only. C. Both basic and diluted cash flows per share. D. Cash flows per share should not be reported.

Answer 1

The correct option is: D. Cash flows per share should not be reported

Step-by-step explanation:

Statement of cash flows, also known as the cash flow statement, refers to a financial statement which is concerned with the in and out flow of cash in a business.

Financial Accounting Standards Board does not allow or prohibits the company from reporting the cash flow per share in the financial statement.