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What is the primary purpose of the statement of cash flows in financial reporting? To detail a company's long - term assets and liabilities. To
What is the primary purpose of the statement of cash flows in financial reporting?
To detail a company's longterm assets and liabilities.
To reconcile changes in a company's cash position by categorizing cash inflows and outflows.
To provide information about a company's net income over a specific period.
To present a summary of a company's revenues and expenses.
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