The Third (Final) Step in Preparing the Statement of Cash

question 91

Multiple Choice

The third (final) step in preparing the statement of cash flows is to

• A) analyze changes in non-current asset and liability accounts.
• B) compare the net change in cash with the change in the cash account reported on the statement of financial position.
• C) determine net cash provided by operating activities.
• D) list the non-cash activities.

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