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Question 30. Unlike the other financial statements, the statement of cash flows is: a) Not based on the accruals concept b) Based on the

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Question 30. Unlike the other financial statements, the statement of cash flows is: a) Not based on the accruals concept b) Based on the accruals concept c) Provides details of revenues earned and expenses incurred in a period d) Provides details of assets owned and liabilities owed by a business (2 marks)

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