When a customer pays a seller a significant period of time after the goods are delivered, the consideration received by the seller always includes both transaction revenue and interest income

Indicate whether the statement is true or false

True

Business

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The statement of cash flows informs users about how much of the earnings were kept and reinvested in the company

Indicate whether the statement is true or false

Business

What is the role of an auditor in financial statement analysis?

What will be an ideal response?

Business