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Which general statement about test reliability and validity is most accurate?
Disclosure Notes
These are explanatory notes included with financial statements to provide additional detail and context for items presented in the financial statements.
Long-Term Supply Agreements
Contracts between companies and their suppliers to provide goods or services over an extended period, often to secure pricing or ensure supply.
Cash Flow Activities
Financial transactions and events that affect the inflow and outflow of cash for a company.
Statement of Cash Flows
A financial report that summarizes the amount of cash and cash equivalents entering and leaving a company, revealing how a company raises and spends money.
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