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The Primary Objective of the Statement of Cash Flows Is

Question 145

Essay

The primary objective of the statement of cash flows is to ________.
A)provide information about a company's operating,financing,and investing activities over a period of time
B)disclose changes in all asset and equity accounts over a period of time
C)disclose changes in working capital over a period of time
D)provide information about a company's cash-basis revenue and expenses activities over a period of time

Correct Answer:

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1.Assessing the ability of the firm to g...

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