Which of the following statements provides a summary of cash receipts and cash payments for a specific period of time such as a month or a year?
a. balance sheet
b. statement of cash flows
c. income statement
d. retained earnings statement

Option B                              

Explanation:

In simple words, cash flow statement refers to the financial statement in which an organisation depicts its sources and uses of cash for a specified period of time such as month or an year.

In this statement the inflows and outflows are categorized into three categories. Any cash flow from core business activities is grouped into operating activities section. Whereas cash flows from sale and purchase of machinery is categorized as cash flow from investing activities while transactions related to shareholders is recorded in financing activities section.

because she sucked. : )

(but so does trump, don't @ me)

answer: most likely c

explanation: