What Is a Rationale for Preparing a Statement of Cash

question 22

Multiple Choice

What is a rationale for preparing a statement of cash flows,according to AASB 107?

• A) Assessing the ability of an entity to generate cash and cash equivalents
• B) Needs of the entity to utilise cash flows
• C) Both A and B are rationales for preparing a statement of cash flows
• D) Neither A nor B is considered a rationale related to the statement of cash flows

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