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1.1.9 Complete the following sentence. The purpose of the statement of changes in equity is to; A. Express the financial position at a given point

1.1.9 Complete the following sentence. The purpose of the statement of changes in equity is to;

A. Express the financial position at a given point in time. B. Reconcile the net worth of an entity at the beginning of the year to the net worth at the end of the year. C. Measure the performance of the entity by determining the profit or loss for the period. D. Measure the ability of an entity to generate, manage and use cash efficiently.

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