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which of the following is correct about the statement of cash flows?
the statement of cash flow indicates the flow of cash at a point in time?
it is possible for a company to post a healthy net income but still not have the cash needed to pay its employees suppliers, and creditors
the statement of cash flows reveals why a company was able to generate a profit ?
one way to understate current earnings would be which of the following?
understate reserves for bad debts, loan losses and asset impairments
abuse the principle of materiality by omitting losses from small transactions
expense costs that should be capitalized
which of the following cash flow equations are correct?
Cash = liabilities + share holders equity
Cash = liabilities + share holders equity + non cash assets
Net Cash Flow = Cash Inflows - Cash Outflows
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