Which of the following statements about the statement of cash flows is not correct?

A) GAAP requires every company to report a statement of cash flows.

B) The statement of cash flows is contained in the notes to the financial statements.

C) The statement of cash flows is needed because the income statement and balance sheet do not provide adequate information about the changes in cash.

D) The statement of cash flows provides information about how each major type of business activity causes a companys cash to change.