Question

write any four utility of cash flow statement?
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Answer 1

Answer:

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Explanation:

Utility of cash flow statements are as follows: To identify the reasons for the reduction or increase in the cash balances irrespective level of the profits earned by the firm. It facilitates the management to maintain an appropriate level of cash resources.

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Answer 2

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To identify the reasons for the reduction or increase in the cash balances irrespective level of the profits earned by the firm. It facilitates the management to maintain an appropriate level of cash resources.