Question: 1 points Saved QUESTION 15 What is the primary reason that the Cash Flow Statement differs from the Income Statement? 1.The Cash Flow Statement includes
1 points Saved QUESTION 15 What is the primary reason that the Cash Flow Statement differs from the Income Statement? 1.The Cash Flow Statement includes depreciation expense, which gives a better bird-in-hand view of the actual cash the company is generating. 2.The Income Statement does not contain non-cash items, while the Cash Flow Statement does. O 3.None of the above. 4. The Income Statement is distorted with many GAAP nuances that make it difficult to obtain an actual cash-in-hand pulise like the Cash Flow Statement does
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