Question: Why is the statement of cash flows important compared to other financial statements? Because it gives detailed explanation and analysis of how estimates are used.

Why is the statement of cash flows important compared to other financial statements?
Because it gives detailed explanation and analysis of how estimates are used.
Because it includes both assets and liabilities.
Because it is focused solely on the change in cash coming in to going out of a business.
Because it reveals the ability of the business to generate a profit.
Why is the statement of cash flows important compared to other

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