Regarding the statement of cash flows, which of the following is true?
A) The statement of cash flows reports why cash increased or decreased during the period.
B) The statement of cash flows covers a span of time and is dated "Year Ended Month Day, Year."
C) The statement of cash flows shows where cash came from and how cash was spent.
D) All of the above are true of the statement of cash flows.
Correct Answer:
Verified
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