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Which of the following is characteristic of a financial statement? a. A statement of earnings reports the amounts of cash and expense on an accrual

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Which of the following is characteristic of a financial statement? a. A statement of earnings reports the amounts of cash and expense on an accrual basis. b. A statement of financial position reports a company's net income at a specific date. c. A statement of retained earnings reports the amount of cash received from operating activities and the amount of cash paid for dividends. d. A statement of cash flows explains the changes in cash from operating, investing, and financing activities

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