Which Is a Correct Statement

question 26

Multiple Choice

Which is a correct statement?

• A)The direct method of presentation for the cash flow statement must be used under ASPE.
• B)The direct method of presentation for the cash flow statement must be used under IFRS.
• C)The statement of cash flows explains the change between opening and closing cash.
• D)The "cash" balance on the cash flow statement does not have to be equal to the "cash" balance amount on the balance sheet.

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