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What is the purpose of a cash flow statement?

Easy difficulty

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Technical question

Technical questions probe into your industry-specific knowledge and skills. They require precise answers and are an opportunity to show your expertise and practical abilities in your field.

Here's a hint

Explain how a cash flow statement helps you understand the cash inflows and outflows in a business over a specific period. Think about its importance for assessing liquidity, operating performance, and financial health.

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