Which of the Following Is $\underline{not}$ A True Statement?
A)The Cash Flow Statement Superceded the Previously

question 50

Multiple Choice

Which of the following is $\underline{not}$ a true statement?

• A)The cash flow statement superceded the previously required statement of changes in financial position.
• B)The cash flow statement is the statement of financial position with funds defined as cash.
• C)The statement of financial position is a special case of the more general cash flow statement.
• D)Inclusion of a cash flow statement is mandatory.

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