Which of the Following Statements Is Not Correct

Which of the following statements is not correct?

A) The statement of cash flows effectively duplicates the function of the cash budget.
B) Analysis of an entity's cash flow position requires an examination of trends in statement of cash flows items over several years.
C) The statement of cash flows can explain the effects of operating activities on the entity's cash position.
D) The statement of cash flows can provide information about the causes of changes in the entity's cash position over the period.