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Consider the following chart.Which of the following statements is most correct?
Funds Flow
The movement of cash in and out of a business or financial system, reflecting its operational, financing, and investing activities.
Net Book Value
Net book value is the value at which an asset is carried on a balance sheet, equal to its cost minus accumulated depreciation and impairment charges.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded against a long-term asset from the time of its purchase to the reporting date.
Accumulated Depreciation
Accumulated depreciation represents the total amount of depreciation expense that has been recorded for an asset since its acquisition.
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