Final answer:
The SOCF (Statement of Cash Flows) does not show the changes in the balance sheet accounts between periods.
Step-by-step explanation:
The statement that the SOCF (Statement of Cash Flows) shows the changes in the balance sheet accounts between periods is False.
The SOCF is a financial statement that presents the cash inflows and outflows of a company over a specific period. It provides information about the company's operating, investing, and financing activities.
The changes in balance sheet accounts, on the other hand, are reported in the Statement of Changes in Shareholders' Equity and the Statement of Financial Position (Balance Sheet).