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Which of the Following Statements Is NOT True

Question 129

Multiple Choice

Which of the following statements is NOT true?


A) The statement of cash flows does not replace the income statement.
B) The statement of cash flows provides details as to how cash changed during a period.
C) The statement of cash flows provides information about cash receipts and cash payments over a period of time.
D) The statement of cash flows measures profitability.

Correct Answer:

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