Which of the following statements is correct relating to preparation of statement of cash flows? a Statement of cash flows shows only the investing activities of a business. O b. Statement of cash flows is prepared according to cash basis of accounting. Oc. Partnerships are not allowed to prepare a statement of cash flows. O d. Statement of cash flows must only be prepared using the indirect method. Oe. Statement of cash flows is prepared according to the accrual basis of accounting. Q-32