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What Is the Rationale for the Statement of Cash Flows

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What is the rationale for the statement of cash flows?


Definitions:

Socio-Economic Development

The process of social and economic development in a society, which includes improvements in living standards, education, and health.

Rio +20

A United Nations conference on sustainable development held in Rio de Janeiro in 2012, marking 20 years since the first Earth Summit.

Corporate Sustainability Forum

A platform or meeting where companies discuss and share strategies for sustainable development and their impact on social and environmental issues.

UN-Sponsored

Initiatives, programs, or activities endorsed or facilitated by the United Nations to address global issues.

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