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Which of the following is NOT a purpose of the Statement of Cash Flows? A. Proves that the accounting equation is in balance. B. Reconcile
Which of the following is NOT a purpose of the Statement of Cash Flows?
- A. Proves that the accounting equation is in balance.
- B. Reconcile the difference between net income and cash inflows and outflows.
- C. Shows effects of financing and investing activities.
- D. Enables companies to see if they have enough cash to pay liabilities.
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Principles Of Food Beverage And Labor Cost Controls
Authors: Paul R. Dittmer, J. Desmond Keefe
8th Edition
0471429929, 978-0471429920
