Which of the following is incorrect about the statement of cash flows ........

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Which of the following is incorrect about the statement of cash flows?

It provides information about the cash receipt and cash payments of an enterprise.

It reconciles ending cash balance with the balance as per bank statement.

It provides information about the operating, investing and financing activities.

It explains the deviation of cash from Earnings.

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Explanation:

The ending balance of a cash-flow statement will always equal the cash amount shown on the company's balance sheet. Cash flow is, by definition, the change in a company's cash from one period to the next. Therefore, the cash-flow statement must always balance with the cash account from the balance sheet.

false:It reconciles ending cash balance with the balance as per bank statement.