Distributional concept is for Macro (governmental) level, reproductive concept is closer to micro (corporate) level Statement 2. Cash flow management concept refers to macro level as well as consumption concept to transactions settlement

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 15MC: Which of the following is a stronger indicator of cash flow flexibility? A. cash flow from operating...
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The difference between the finance concepts could be simply described by the level of economy
Statement 1. Distributional concept is for Macro (governmental) level, reproductive concept is closer to micro (corporate) level
Statement 2. Cash flow management concept refers to macro level as well as consumption concept to transactions settlement
Are these statement correct and why? 

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