Question 8 of 10 View Policies < Current Attempt in Progress The statement of cash flows M O is prepared instead of an income statement under generally accepted accounting principles. O is prepared from comparative income statements. O reflects earnings per share figures on a cash basis and on an accrual basis in the body of the statement. O is used to assess an entity's ability to pay dividends and meet obligations. Save for Later Attempts: 0 of 1 used Submit Answer