The Information to Prepare the Statement of Cash Flows Usually

question 7

Multiple Choice

The information to prepare the statement of cash flows usually comes from each of the following except

• A)the comparative balance sheet.
• B)the prior year's income statement.
• C)additional information.
• D)the current income statement.

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Definitions:

Self-Serving Bias

A cognitive bias that involves individuals attributing their successes to internal or personal factors and their failures to external or situational factors.

Johari Window

A model used to improve understanding between individuals within a group, which describes four quadrants of self-awareness: open, hidden, blind, and unknown.

Feedback from Others

Information or opinions about one's performance or behaviors provided by colleagues, supervisors, or other individuals.

Blind Area

Part of the Johari Window model, it represents information that others know about a person but the person is unaware of.