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Why Is the Statement of Cash Flows Required as Part

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Why is the statement of cash flows required as part of the set of external financial statements?


Definitions:

Logarithms

Mathematical functions that determine the exponent or power to which a base number is raised to obtain a certain value, often written as \(\log_b(x)\).

Expand

To increase in size, number, or importance, or to make something increase in this way.

Properties

Characteristics or attributes that can be used to describe or identify something.

Logarithms

Mathematical operations that are the inverse of exponentiation, indicating the power to which a base number is raised to obtain a particular number.

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