3- Multiple Choice Question 151
The information to prepare the statement of cash flows usually comes from each of the following except
the comparative balance sheet . the current income statement . the retained earnings statement . additional information . 4- Multiple Choice Question 46 The statement of cash flows will not report the amount of checks outstanding at the end of the period . change in the cash balance for the current period . sources of cash in the current period . uses of cash in the current period . 5- Multiple Choice Question 90
Starting with net income and adjusting it for items that affected reported net income but which did not affect cash is called the
cost-benefit method . direct method .