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Analysis of Financial Statements — Book Keeping & Accountancy STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsBook Keeping & AccountancyAnalysis of Financial Statements1 Mark
Question
State the primary objective of the cash flow statement.
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Answer

The primary objective of the cash flow statement is to help management in taking decisions and making a plan by providing current information on cash inflow and outflow of any particular period.

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