Question: 1) True or false? Statement of Cash Flows does not record an entity's profit. - True - False 2) True or False? Sole traders are

1) True or false? Statement of Cash Flows does not record an entity's profit.

- True

- False

2) True or False? Sole traders are the smallest, least complex, and do not have to comply with IFRS.

- True

- False

3)

True or False? Cash flows include movements between items that constitute cash or cash equivalents.

- True

- False

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