The statement of cash flows
a. helps the reader judge a firm's cash flow needs and how a firm has dealt with them.
b. reflect the cash flows for the period.
c. reports the impact of operations on cash flows.
d. reports the impact of investing activities on cash flows.
e. accomplishes all of the above.
E
Business
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Which process is concerned with recording data associated with bank statements?
a. Bank ledger accounting b. Fixed asset accounting c. General ledger accounting d. Accounts receivable accounting e. None of the above
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