According to GAAP,the statement of cash flows is one of four major financial statements.

Name: According to GAAP,the statement of cash flows is one of four major financial statements.
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The statement of cash flows is indeed one of the four major financial statements that follow GAAP (Generally Accepted Accounting Principles). The other three major financial statements are the balance sheet, income statement, and statement of changes in shareholder equity.

According to GAAP,the Statement of Cash Flows Is One of Four