What is the importance of cash flow recording?Why is it important?What are the advantages and disadvantages of cash flow recording?
What is the importance of cash flow recording?Why is it important?What are the advantages and advatages of cas
cash flow shows how much money the company has actually received or lost. This is better than profit which is computed using a bunch accounting tricks (depreciation, credit sales, restructuring charges, etc.)
Advantage is better management of company.
Disadvantage is extra work
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