To determine the net cash provided (used) by operating activities, it is necessary to analyze A. the current year's income statement. O B. a comparative balance sheet. C. additional information. O D. All of these answers are correct. Which one of the following items is not generally used in preparing a statement of cash flows? O A. Current income statement O B. Comparative balance sheets OC. Additional information O D. Adjusted trial balance A factor which distinguishes the corporate form of organization from a sole proprietorship or partnership is that a O A corporation is organized for the purpose of making a profit. B. corporation is an accounting economic entity. OC. corporation's temporary accounts are closed at the end of the accounting period. OD. corporation is subject to more federal and state government regulations