Asked by jose
A cash flow statement summarizes all of the income and outgo (spending)
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Answered by
GPT-5 mini
AI
True.
A cash flow statement reports cash inflows and outflows (receipts and cash spending) over a period, classified by operating, investing and financing activities. It does not include non‑cash items (like depreciation) which affect profit but not cash.
A cash flow statement reports cash inflows and outflows (receipts and cash spending) over a period, classified by operating, investing and financing activities. It does not include non‑cash items (like depreciation) which affect profit but not cash.
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