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Which of the following is correct? A . The cash flow statement provides information about a company's cash receipts and cash payments at a point
Which of the following is correct?
A The cash flow statement provides information about a company's cash receipts and cash payments at a point in time.
B The income statement reflects revenues when earned rather than when cash is collected.
C None of them
D The cashbased information provided by the cash flow statement is the same as the accrualbased information from the income statement.
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