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Which of the following is INCORRECT about the Statement of Cash Flows: It is the fourth basic financial statement. It provides information about the
Which of the following is INCORRECT about the Statement of Cash Flows: It is the fourth basic financial statement. It provides information about the operating, investing and financing activities of a business. It provides information about cah receipts and cash payments of an entity during a period. It reconciles the ending cash account balance to the balance per the bank statement. Free cash flow provides an indication of a company's ability to: None of the answers are correct. Generate cash to pay dividends. O Generate cash to invest in new capital expenditures. Both answers are correct.
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