The income statement helps users determine the __ of not achieving particular cash flows. a. correlation b. significance c. likehood d. risk a) a b)b c) C d)d

## Step 1<br />The income statement is a financial document that provides a summary of a company's revenues and expenses over a specific period. It is used to calculate the net income or net loss of a company.<br /><br />## Step 2<br />The income statement is a crucial tool for investors and other stakeholders as it provides an indication of the company's profitability. <br /><br />## Step 3<br />The income statement helps users determine the 'risk' of not achieving particular cash flows. This is because the income statement provides an indication of the company's ability to generate income, which is a key factor in determining the risk of achieving particular cash flows.