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QUESTION

Of the following questions, which one would not be answered by the statement of cash flows? A. Where did the cash come from during the period? B.

Of the following questions, which one would not be answered by the statement of cash flows? A. Where did the cash come from during the period? B. What was the cash used for during the period? C. Were all the cash expenditures of benefit to the company during the period? D. What was the change in the cash balance during the period? The first step in the preparation of the statement of cash flows requires the use of information included in which comparative financial statements?

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