Business, 29.01.2020 02:40 Skylynn11

Which is more useful to the financial manager? (select the best answer below.) a. the cash flow statement because it recognizes amounts that will not be collected and, as a result, will not contribute to the wealth of the owners. b. the income statement because it recognizes amounts that will not be collected and, as a result, will not contribute to the wealth of the owners. c. the cash flow statement because it recognizes revenues at the time of sale (whether payment has been received or not) and recognizes expenses when they are incurred. d. the income statement because it recognizes revenues at the time of sale (whether payment has been received or not) and recognizes expenses when they are incurred.

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Which is more useful to the financial manager? (select the best answer below.) a. the cash flow sta...

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