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Which of the following statements represents a flow concept? A. Balance Sheet B. Income statement C. Retained earnings D. inventory statement E. none I understood

Which of the following statements represents a flow concept?

A. Balance Sheet B. Income statement C. Retained earnings D. inventory statement E. none

I understood "statement of cash flow" to be the statement that represents a flow concept. However, income statement also refers to a flow. I have also seen this question answered retained earnings which in the text does not mention a flow.

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