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One rationale for the statement of cash flows is to A. ensure that the cash account balances at year-end. B. reconcile differences between net income

One rationale for the statement of cash flows is to

  • A. ensure that the cash account balances at year-end.

  • B. reconcile differences between net income and cash receipts and disbursements.

  • C. calculate the companys free cash flow.

  • D. examine the cash effects of income from discontinued operations, extraordinary items and changes in accounting principles.

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