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  3. a disadvantage of cash flow statement is: a. it i

A disadvantage of cash flow statement is: a. It is prepared only once per...

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Finance

A disadvantage of cash flow statement is:

a. It is prepared only once per fiscal year.

b. It focuses on explaining the change on a firms equity during the fiscal year.

c. It presents the sources and the uses of capital based on historical prices.

d. All of the above

e. None of the above

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