Which of the following is incorrect about the statement of cash flows? (a) It is a fourth
Question:
Which of the following is incorrect about the statement of cash flows?
(a) It is a fourth basic financial statement.
(b) It provides information about cash receipts and cash payments of an entity during a period.
(c) It reconciles the ending cash account balance to the balance per the bank statement.
(d) It provides information about the operating, investing, and financing activities of the business.
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Related Book For
Financial And Managerial Accounting
ISBN: 9781118004234
1st Edition
Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt
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