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All financial statements using the accrual method. is true or false?

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Question added by Rashad Moursi , Finance Director & Business Development, International Business Transformer Owners Repr. - Hotels , Investment and financial
Date Posted: 2014/04/11
Rashad Moursi
by Rashad Moursi , Finance Director & Business Development, International Business Transformer Owners Repr. - Hotels , Investment and financial

The answer is False ;

- All financial reporting apply accrual method except for the statement of cash flows apply the cash method.

Deleted user
by Deleted user

Depend upon the following the procedures and methods of accounting system.