Answer:
a. True
Explanation:
Statement of cash flow is a part of a complete set of the financial statements
of an entity. It provides information about:
the cash flows of the entity during the reporting period, and
the changes in cash and cash equivalents during the period.
The purpose of a statement of cash flows is to show what the cash flows of the entity have been.It can also be used to make assessments of what the cash flows of the entity might be in the future. In other words, the cash flow statement is a compressed version of the company's check book that includes a few other items that affect cash, like the financing section, which shows how much the company spent or collected from the repurchase or sale of shares, the amount of issuance or retirement of debt and the amount the company paid out in dividends.
So based on the above discussion, answer is a. True
