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Which of the following statements is TRUE? A. The Cash Flow Statement reports why cash increased or decreased during the accounting period. B. The Cash

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Which of the following statements is TRUE? A. The Cash Flow Statement reports why cash increased or decreased during the accounting period. B. The Cash Flow Statement is a summary of all the transactions that affected Net Income. C. The Cash Flow Statement is for a point in time. OD. The Cash Flow Statement is not required by generally accepted accounting principles

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