Question: How does a cash flow statement differ from an income statement? It reflects future performance, whereas the income statement reflects past results. It shows the
How does a cash flow statement differ from an income statement?
It reflects future performance, whereas the income statement reflects past results.
It shows the results from multiple time periods, whereas the income statement covers one operating period.
It includes changes in balance sheet accounts, whereas the income statement does not.
It excludes the operating expenses found on the income statement.
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