Which of the Following Steps Is Not Required in Preparing

question 120

Multiple Choice

Which of the following steps is not required in preparing the statement of cash flows?

• A) Determine the net change in cash.
• B) Determine the net cash provided by operating activities.
• C) Determine cash from investing and financing activities.
• D) Determine the change in current assets.

---

Definitions:

Performance Targets

Goals set for an individual, team, or organization to achieve within a specific timeframe, often used to measure operational success.

Balanced Scorecard

A strategic planning and management system used to align business activities with the vision and strategy of the organization, track performance against strategic goals, and improve internal and external communications.

Global Reporting Initiative

An international organization that helps businesses and governments worldwide understand and communicate their impact on critical sustainability issues.

Strategic Performance Measurement System

A framework to track and evaluate an organization's performance against its long-term strategic goals.