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Which of the following statements is (are) true: I : For cash flow, prediction of inflows and
outflows of money is not important. II: Cash flow is about having a good idea when money
comes in and when it goes out.
Statement I is false; Statement II is true
Statement I is true; Statement II is false
Both statements are false
Both statements are true
Solution
Statement I is false; Statement II is true
Prediction of inflows and outflows are important in cash flows

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