Which of the Following Is Not Needed to Prepare a Statement

question 54

Multiple Choice

Which of the following is not needed to prepare a statement of cash flows?

• A)Statement of retained earnings.
• B)Comparative balance sheet.
• C)Additional information on financing and investing activities.
• D)Income statement.

---

Definitions:

RFP

Stands for Request for Proposal, a document that solicits proposals, often made through a bidding process, by an agency or company interested in procurement of a commodity, service, or valuable asset.

Risks

The potential for loss or damage when a threat exploits a vulnerability.

Recommendations

Suggestions or proposals as to the best course of action, especially one put forward by someone with expertise or authority.

External

Pertaining to factors, influences, or conditions that exist or originate outside of an organization or system.