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12. If cash balance at the beginning of the accounting period was equal to cash balance at the end of the accounting period, this means

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12. If cash balance at the beginning of the accounting period was equal to cash balance at the end of the accounting period, this means that: * (3 Points) None of provided answers is correct The firm has earned more revenues than it has incurred expenses Cash outflow was more than cash inflow during that period The firm has incurred more expenses than it has earned revenues O Cash inflow was more than cash outflow during that period

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