Which questions are answered by a cash flow statement?

A cash flow statement is a financial report that details the inflow and outflow of cash in an organization during a specific period. It serves to provide valuable insights into the actual cash generated and used by a business, distinguishing it from other financial statements that may be based on accrual accounting.

While the choice that states "Where is the money going?" is indeed addressed directly through the cash flow statement, the statement also answers the question "How much money is coming in?" by showing cash inflows from operating, investing, and financing activities. Therefore, both inflows and outflows of cash are captured in this financial document, giving a comprehensive view of the organization’s cash position.

The option "Who is making the money?" is not directly answered by a cash flow statement. This aspect would be more relevant to an income statement or profit and loss statement, which details revenue sources and profitability levels rather than cash management.

Thus, by recognizing that the cash flow statement provides insights into both the inflows and outflows of cash, the most encompassing answer, which includes both questions A and B, alongside the direct implications of cash management in an organization, is indeed "All of the above."