Regarding the use of a spreadsheet for the preparation of the statement of cashflows, which of the following statements isincorrect?

A. The spreadsheet starts with the beginning balance sheet and concludes with the ending balance sheet.

B. The spreadsheet cannot be used for the direct method.

C. When companies face complexsituations, a spreadsheet can help in preparing the statement of cash flows.

D. Accountants can prepare the statement of cash flows directly from the lower part of the spreadsheet.