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Which section of the statement of cash flows is most relevant for assessing the liquidity of a company? Oa. Operating activities Ob. Investing activities Oc.
Which section of the statement of cash flows is most relevant for assessing the liquidity of a company? Oa. Operating activities Ob. Investing activities Oc. Financing activities Od. Non-cash activitiesHow is the statement of cash flows different from the income statement? Oa. The statement of cash flows includes non-cash items, while the income statement does not. Ob. The statement of cash flows reports cash inflows and outflows, while the income statement reports revenues and expenses. Oc. The statement of cash flows reports cash flows from operating, investing, and financing activities, while the income statement reports the net profit or loss. Od. The statement of cash flows is prepared as per AS-3, while the income statement is prepared as per AS-1
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