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Which of the following is (are) true concerning the statement of cash flows? 1. The cash flow statement differs from the balance sheet and income

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Which of the following is (are) true concerning the statement of cash flows? 1. The cash flow statement differs from the balance sheet and income statement in how it treats certain items such as depreciation. II. The statement of cash flows shows if the firm had an overall increase or decrease in cash during a particular time period. A. I only B. Il only C. Both I and II D. Neither I nor ||

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