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In a Statement of Cash Flows,the Term "Cash" Includes Both

question 9

True/False

In a statement of cash flows,the term "cash" includes both cash and cash equivalents.


Definitions:

Common Currency

A currency that is used by several countries, facilitating the ease of trade and financial transactions between them.

Trade Liberalization

The process of reducing tariffs, quotas, and other barriers to allow for the free flow of goods between countries.

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