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What Is a Cash Flow Statement? What Information Can It

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What is a cash flow statement? What information can it provide? Why is a cash flow statement important to small business?


Definitions:

Mean Absolute Deviation

A measure of variability that shows the average distance between each data point and the mean of the dataset.

Assignable Variation

Variation in a process that can be traced to specific causes, as opposed to random variation.

Specific Events

Distinct occurrences or outcomes with defined characteristics, often analyzed in probability and statistical studies.

Chance Variation

Random fluctuations in data or experimental results due to unpredictable factors.

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