Which of the following is incorrect about the statement of cash flows?

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Ram Sharma

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Q. Which of the following is incorrect about the statement of cash flows?

(A) It provides information about the cash receipt and cash payments of an enterprise
(B) It reconciles ending cash balance with the balance as per bank statement.
(C) It provides information about the operating, investing and financing activities.
(D) It explains the deviation of cash from Earnings.

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✅ Correct Answer: (B) It reconciles ending cash balance with the balance as per bank statement.

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