Which of the Following Is Not a Required Disclosure Item

question 3

Multiple Choice

Which of the following is not a required disclosure item for the statement of cash flows?

• A) interest and taxes paid when the indirect method is used
• B) reconciliation of net income to net cash provided by operating activities under the direct method
• C) all noncash investing and financing activities
• D) policy regarding cash equivalents

---

Definitions:

Commitment

A dedication to a cause, activity, or the fulfillment of a promise or obligation.

Resistance

Involves the act of opposing or standing against changes, proposals, or efforts, often due to discomfort, fear, or dissatisfaction with new ideas.

Compliance

Following rules, standards, or laws, or the act of adhering to requests or demands from others.

Adherence

The extent to which individuals follow the rules, guidelines, or treatment plans prescribed by authorities or experts, often used in contexts like healthcare, law, and organizational policies.