Economics · Financial Statements Analysis
Statement I: Cash flow statement focuses on cash inflows and outflows during a period. Statement II: Funds flow statement primarily analyses changes in working capital.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement I is incorrect, but Statement II is correct
- 2Statement I is correct, but Statement II is incorrect
- 3Both statements are incorrect
- 4Both statements are correct✓
Correct answer
Both statements are correct
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