Which of the Following Statements About Using a Worksheet to Prepare

question 47

Multiple Choice

Which of the following statements about using a worksheet to prepare the cash flow statement is correct?

• A)A worksheet cannot be used when preparing a cash flow statement using the direct method.
• B)The cash flow statement can be prepared directly from a worksheet.
• C)Only the most recent balance sheet data is needed to prepare a worksheet.
• D)A worksheet should only be used when preparing a cash flow statement without complex situations.

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Definitions:

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The action of engaging in games that are played on electronic devices such as computers, consoles, and mobile phones.

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A summary of data showing the number of instances that each value occurs.

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Specific ranges within a dataset that are used to group data into classes for the purpose of creating frequency distributions or histograms.