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select all that apply which of the following statements about the statement of cash flows are correct? (check all that apply.) multiple select question. it is a detailed disclosure of cash flows. in certain circumstances, it can replace the statement of retained earnings. the purpose is to report cash receipts and cash payments during a period.

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The statement of cash flows are correct is the purpose is to report cash receipts and cash payments during a period.

The coins that go with the flow announcement include coins made via the enterprise through operations, funding, and financing—the sum of that's called internet cash drift. the primary segment of the coins drifts statement is cash go with the flow from operations, which includes transactions from all operational commercial enterprise activities.

Cash flows refer to the internet balance of cash moving into and out of a business at a selected point in time. coins are constantly stepping into and out of a commercial enterprise. for example, while a retailer purchases stock, money flows out of the enterprise toward its providers.

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