Question: a) Explain, using examples, the difference between cash and profit; b) Discuss the usefulness of the statement of cash flows to the users of financial

a) Explain, using examples, the difference between cash and profit; b)

a) Explain, using examples, the difference between cash and profit; b) Discuss the usefulness of the statement of cash flows to the users of financial statements: C) Explain, using examples, the difference between cash flow statements prepared using the direct method versus the indirect method

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