Why Do Companies Use the Spreadsheet Method to Prepare the Statements

question 47

Essay

Why do companies use the spreadsheet method to prepare the statements of cash flows?

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Definitions:

Communication Channel

The medium through which information is transmitted from one entity to another, including oral, written, and electronic means.

Electronic Format

A way of presenting information using digital or electronic means, such as PDFs, websites, or e-books.

Message

The core information or idea that is communicated by a speaker or writer to an audience.

Communication Channel

The medium through which messages are transmitted from a sender to a receiver, such as email, phone, or face-to-face conversation.