Which of the Following Statements About the Statement of Cash

question 137

Multiple Choice

Which of the following statements about the statement of cash flows is not correct?

• A)It does not replace the income statement.
• B)It provides details as to how cash changed during a period.
• C)It provides information about cash receipts and cash payments over a period of time.
• D)It measures profitability.

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Definitions:

Discrimination

Unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.

Arabs and Muslims

Refers to individuals from Arab countries or cultural backgrounds and followers of Islam, respectively, highlighting the distinction between ethnicity and religious faith.

Eyewitnesses

Individuals who have directly seen an event or occurrence and can provide a first-hand account or testimony of what happened.

Racial or Ethnic Group

A category of people who identify with each other based on similarities such as common ancestral, linguistic, cultural, or national experiences.