Which primary purpose of the statement of cash flows is to

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Problem 1: Which of the following refers to those activities whereby cash is obtained or repaid to owners and creditors?

A. Investing

B. Operating

C. Borrowing

D. Financing

Problem 2: The primary purpose of the statement of cash flows is to

A. Distinguish between debits and credits to the cash account.

B. Provide information about the cash available at a particular time.

C. Provide information about the cash receipts and cash payments of an entity during a period.

D. Provide an analysis of the different cash accounts.

Reference no: EM132775146

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