Task 3 《会计英语实用教程》Page134 V【要求：将词或短语...

Task 3 《会计英语实用教程》Page134 V【要求：将词或短语在书上标记后再翻译-拍照-在附件里提交】 V. Translate the underlined words and phrases （40 points） 1. The cash flow statement reveals not only the operating cash flow of the company, but also enables the user to reconcile the cash flows to net income. 2. Most users of financial statements are interested in seeing the cash flows as well as the net income because in the long run they base their own projections of cash flow on those of the company. 3. The starting point of cash flow prediction is the analysis of historical cash flows. Therefore, the objective of the cash flow statement is to disclose the historical cash flows of the enterprise during the reporting period. 4.Companies do not keep large amounts of currency on hand except for daily operating purposes in cash registers or petty cash funds. 5. Cash equivalents can be defined as investments which readily convertible to known amount of cash and be subject to an insignificant risk of changes in value. Three months is suggested as the maximum maturity period. Investments in shares are explicitly excluded.