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  • Directions: State whether the following statement is True...
Multiple choice

Directions: State whether the following statement is True Or False.

The term ‘funds’ means ‘current assets’ in case of a cash flow analysis.

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

In cash flow analysis, 'funds' refers specifically to cash and cash equivalents, not current assets in general.

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