A company that has made an operating loss for a year does not need to prepare a
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A company that has made an operating loss for a year does not need to prepare a statement of cash flows. However, it must resume preparing a statement when it moves back into profitability.’ Is this statement true or false?
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False All large limit...View the full answer
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Related Book For 
Cambridge International As And A Level Accounting Revision Guide
ISBN: 9781444192001
1st Edition
Authors: Ian Harrison, Michael Hillman
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