📊 Management Accounting
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.
💬 Discuss
✅ Correct Answer: (B) It reconciles ending cash balance with the balance as per bank statement.

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