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    Financial Accounting Tools Study Set 1
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    Exam 6: Reporting and Analyzing Inventory
  5. Question
    One Major Purpose of the Statement of Cash Flows Is
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One Major Purpose of the Statement of Cash Flows Is

Question 2

Question 2

Multiple Choice

One major purpose of the statement of cash flows is to provide information about:


A) the firm's profitability.
B) the firm's cash receipts and payments during a period.
C) the firm's resources and claims against those resources.
D) changes in retained earnings.

Correct Answer:

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