343 Which of the following is not an advantage of the statement of cash flows?
A It highlights the effect of non?cash transactions
B It helps an assessment of the liquidity off a business
C The numbers within it cannot be manipulated through the adoption of beneficial
accounting policies
D It helps users to estimate future cash flows
Answer is A but why? Can you explain, sir?
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cash flow statement
4y ago#1The whole point of the statement of cash flows is that is summarises cash transactions. It does not show transactions that were not in cash.
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