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Which of the following statements is not true regarding the cash flow statement? Multiple Choice The cash flow statement explains the causes for year-to-year changes
Which of the following statements is not true regarding the cash flow statement?
Multiple Choice
The cash flow statement explains the causes for year-to-year changes in cash and cash equivalents.
The cash flow statement generally shows that cash flows and accrual earnings are substantially the same.
The cash flow statement provides information about changes in all the balance sheet accounts.
The change in cash is classified into cash flow from three categories: operating activities, investing activities and financing activities.
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