Question: Which is a correct statement? Select one: A. The cash balance on the cash flow statement does not have to be equal to the cash

Which is a correct statement? Select one: A. The "cash balance on the cash flow statement does not have to be equal to the "cash" balance amount on the balance sheet. OB. The statement of cash flows explains the change between opening and closing cash. C. The direct method of presentation for the cash flow statement must be used under IFRS. D. The direct method of presentation for the cash flow statement must be used under ASPE

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