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The statement of cash flows explains how the cash balance changed during a particular period of...

The statement of cash flows explains how the cash balance changed during a particular period of time. (a) True (b) False

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Answer #1

Answer is True

Yes Cash flow statments explains how the cash changed during a particular period through various activities i.e

Oerating Activities of Business

Investing Activites of Business

Finance Activities of Business.

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