D Question 14 A statement of cash flows should reconcile the differences between the beginning and ending balances of: O Net income. Equity O Cash and cash equivalents. O Working capital. O Cash, cash equivalents, and short-term investments. D Question 15 The indirect method for the preparation of the operating activities section of the statement of cash flows: Separately lists each major item of operating cash receipts. Separately lists each major item of operating cash payments. Reports net income and then adjusts it for items necessary to determine net cash provided or used by operating activitie O Is required if the company is a merchandiser O Must not be used in all circumstances Question 16 Of the following, which one affects cash during a period? O The declaration of a stock dividend. O Writing off an uncollectible account receivable. The declaration of a cash dividend. O An adjusting entry recognizing the expiration of prepaid insurance. O The payment of interest expense accrued in a previous accounting period. O Cash, cash equivalents, and short-term investmeHtS Question 15 The indirect method for the preparation of the operating activities section of the statement of cash flows: O separately lists each major item of operating cash receipts. Separately lists each major item of operating cash payments Reports net income and then adjusts it for items necessary to determine net cash provided or used by operating activities. Is required if the company is a merchandiser. OMust not be used in all circumstances. Question 17 1 pts When using the indirect method to calculate and report the net cash provided or used by operating activities, net income is adjusted for: Gains and losses from nonoperating items. O Revenues and expenses that did not provide or use cash. O Changes in noncash current assets and current liabilities related to operating activities O Changes in current liabilities related to operating activities. OAll of these