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Why Is The Cash Flow Statement Identified As One Of The Financial Statements? |
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Answer» The Cash FLOW Statement or Statement of Cash FLOWS is required as part of a FULL set of FINANCIAL STATEMENTS because of the Financial Accounting Standards Board’s Statement of Financial Accounting Standards No. 95, Statement of Cash Flows. The Cash Flow Statement or Statement of Cash Flows is required as part of a full set of financial statements because of the Financial Accounting Standards Board’s Statement of Financial Accounting Standards No. 95, Statement of Cash Flows. |
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