MCQOPTIONS
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MCQOPTIONS
| 1. |
Which of the following is incorrect about the statement of cash flows? |
| A. | It provides information about the cash receipt and cash payments of an enterprise. |
| B. | It reconciles ending cash balance with the balance as per bank statement. |
| C. | It provides information about the operating, investing and financing activities. |
| D. | It explains the deviation of cash from Earnings. |
| Answer» C. It provides information about the operating, investing and financing activities. | |