Which One of the Following Steps Is Not Necessary in Preparing

question 112

Multiple Choice

Which one of the following steps is not necessary in preparing a statement of cash flows?

• A)Determine the change in cash.
• B)Determine the cash provided (used)by operating activities.
• C)Determine cash provided (used)by financing and investing activities.
• D)Determine the average cash balance during the period.

---

Definitions:

Constrained Machine

A piece of equipment within a manufacturing process that limits the total output due to its capacity or throughput level.

Constrained Resource

A limiting factor or scarce resource that restricts the output or productivity of a manufacturing or business process.

Profitable Product

A product that generates revenue exceeding its costs of production and distribution, leading to a profit.

Intermediate Calculations

Calculations performed as part of a more extensive analysis or accounting process, often necessary for deriving final results or conclusions.