Multiple Choice
Which of the following statements is not true? The information in the statement of cash flows helps investors, creditors and others
A) assess a company's ability to produce future cash inflows.
B) judge a company's ability to meet it obligations and pay dividends.
C) estimate the company's needs for external financing.
D) show the inflows and outflow of net income on the accrual basis.
Correct Answer:
Verified
Correct Answer:
Verified
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