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Which of the following statements regarding a statement of cash flows is not true? a....

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Accounting

Which of the following statements regarding a statement of cash flows is not true?

a. The most common method for operating activities is the direct method.

b. Operating activities include all transactions and other events related to the earnings process.

c. It requires a reconciliation of beginning and ending cash balances.

d. It helps users to assess a company's need for external financing.

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