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Which of the following statements is incorrect? A statement of cash flows is a basic financial statement required by GAAP A statement of cash flows
Which of the following statements is incorrect?
A statement of cash flows is a basic financial statement required by GAAP |
A statement of cash flows is dated for a period of time as opposed to a point in time |
One purpose of a statement of cash flows is to predict future cash flows |
The statement of cash flows may be combined with the stockholders' equity section of the balance sheet |
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