The "statement of cash flows" does exist in all countries.

Name: The "statement of cash flows" does exist in all countries.
Brand: Quizplus
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Quizplus · Accepted Answer

The "statement of cash flows" is a common financial statement used globally, but the specific format, naming, and standards can vary by country depending on their accounting regulations and standards (e.g., GAAP in the United States vs. IFRS in many other countries).

The "Statement of Cash Flows" Does Exist in All Countries