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Which of the following statements is incorrect? Select one: The income statement matches costs with revenues for the period The balance sheet is a point

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Which of the following statements is incorrect? Select one: The income statement matches costs with revenues for the period The balance sheet is a "point in time" statement A "base" analysis summarizes the increases and decreases in an account over time The cash flow statement always shows depreciation and amortization because it is a cash inflow

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