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Which of the following statements are false?

A) Cash Flow Statement is helpful in the formation of policies.
B) Cash Flow Statement is useful for external analysis.
C) Cash Flow Statement is helpful in estimating future cash flow.

A. Both A and B

B. Both A and C

C. Both B and C

D. None of the above

Solution by Mcqs Clouds

Answer: Option D

Explanation:
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Related Questions on Management Accounting Test Questions

Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

D. None of the above