Which One of the Following Items Is Not Generally Used

question 26

Multiple Choice

Which one of the following items is not generally used in preparing a statement of cash flows?

• A)Adjusted trial balance
• B)Comparative balance sheets
• C)Current income statement
• D)Additional information

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Definitions:

Created

Brought into existence; having been made, formed, or developed from something else or from nothing.

Lessee

A person who acquires the right to possession and use of goods under a lease.

Inspects

To look at something or someone closely and carefully in order to discover information, especially about their quality or condition.

Pays

Relates to the act of settling a debt or fulfilling an obligation, particularly in the context of rendering payment for services or goods received.