The Statement of Cash Flows Is Prepared from All of the Following

question 174

Multiple Choice

The statement of cash flows is prepared from all of the following except

• A) the adjusted trial balance.
• B) comparative statement of financial position.
• C) selected transaction data.
• D) the current income statement.

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Definitions:

Administrative Agencies

Governmental bodies responsible for the oversight and administration of specific functions and regulations.

Created by Statute

Formed or brought into existence by a formal law or statute.

Statute

A written law passed by a legislative body at either the federal or state level.

State Legislature

is the legislative body within a state that has the authority to make, amend, and repeal laws within that state.