If a Worksheet Is Used to Facilitate the Preparation of the Statement

question 33

Multiple Choice

If a worksheet is used to facilitate the preparation of the statement of cash flows, noncash transactions should

• A)be omitted because the worksheet is only for cash transactions.
• B)be marked with asterisks.
• C)not be distinguished from cash transactions.
• D)not be included because they are for investing and financing activities.

---

Definitions:

Splitting

The act of dividing or partitioning data, text, or objects into separate parts or sections.

Environmental Waste

Materials or substances that are discarded after use and are considered to be harmful to the environment.

Electricity Consumed

The amount of electrical energy used by appliances, devices, or systems over a specific period.

Top Status Bar

A visual element typically found at the top of a screen or window that displays information about the current state or status of the system or application.