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    Accounting Theory Study Set 1
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    Exam 13: Statements of Cash Flows
  5. Question
    Most Firms Elected to Define Funds in the Statement of Changes
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Most Firms Elected to Define Funds in the Statement of Changes

Question 5

Question 5

Multiple Choice

Most firms elected to define funds in the statement of changes in financial position as:


A) Cash.
B) Working capital.
C) Current assets.
D) Owners' equity.

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