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Which one of the following statements is true about the statement of cash flows? A: Its another way of presenting the cash book. B: It

Which one of the following statements is true about the statement of cash flows?

A: Its another way of presenting the cash book.

B: It is not a must for a company to prepare a statement of cash flows.

C: It is a must for a company to prepare the statement of cash flows.

D: It's net change in cash and cash equivalents is taken to income.

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