MCQOPTIONS
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| 1. |
Which of the following statements are false? |
| A. | old furniture written off doesn’t affect cash flow. |
| B. | cash flow statement is a substitute for cash account. |
| C. | appropriation of retained earnings is not shown in cash flow statement. |
| D. | net cash flow during a period can never be negative. |
| Answer» C. appropriation of retained earnings is not shown in cash flow statement. | |