Question
24 Of the following questions, which one would not be answered by the statement of cash flows? a. What was the change in the cash
24 Of the following questions, which one would not be answered by the statement of cash flows? a. What was the change in the cash balance during the period? b. What was the cash used for during the period? c. Were all the cash expenditures of benefit to the company during the period? d. Where did the cash come from during the period? QUESTION 25 The first step in the preparation of the statement of cash flows requires the use of information included in which comparative financial statements? a. statements of retained earnings Ob. statements of cash flow Oc. balance sheets Cd. income statements
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