Which of the following statements regarding the statementof cash flows is false?a. The statement of cash flows separates cash inflows andoutflows into three major categories: operating, investing, and financing. b. The ending cash balance shown on the statement ofcash flows must agree with the amount shown on thebalance sheet at the end of the same period.c. The total increase or decrease in cash shown on thestatement of cash flows must agree with the “bottomline” (net income or net loss) reported on the incomestatement.d. The statement of cash flows covers a period of time

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