The principal purpose of a statement of cash flows is to measure the profitability of a business

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The principal purpose of a statement of cash flows is to measure the profitability of a business that maintains its accounting records on a cash basis Group starts

True or False

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Financial Reporting and Analysis

ISBN: 978-0078025679

6th edition

Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon

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Posted Date: Dec 04, 2020 03:15 PM

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The principal purpose of a statement of cash flows is to measure the profitability of a business

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It is False because the main purpose of the statement of cash flows is to p... View the full answer

Financial Reporting and Analysis

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