The conceptual model for the statement of cash flows is based on the accounting income statement equation.

Name: The conceptual model for the statement of cash flows is based on the accounting income statement equation.
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The statement of cash flows is based on the accounting equation, which states that assets = liabilities + equity. The statement of cash flows shows how changes in assets, liabilities, and equity affect the cash balance of a company.

The Conceptual Model for the Statement of Cash Flows Is