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3. One of the following is considered of usefulness of the income statement: * (2 Points) Evaluating the past performance of the company None of

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3. One of the following is considered of usefulness of the income statement: * (2 Points) Evaluating the past performance of the company None of the above are considered of usefulness of the income statement Assessing the risk of achieving future cash flow Providing a basis for predicting future performance All of the above are considered of usefulness of the income statement

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