Which of These Are Methods That Are Used to Prepare

question 5

Multiple Choice

Which of these are methods that are used to prepare a statement of cash flows?
i. Use information obtained directly from the primary records of cash transactions.
ii. Use the information in the accrual-based income statement and balance sheets but remove the effect of non-cash items.
iii. Use the information in the accrual-based income statement and balance sheets but add the effect of non-cash items.

• A) iii
• B) ii. iii
• C) i
• D) i. ii

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Definitions:

Johari Window Model

Model of self-disclosure that summarizes how self-awareness is influenced by self-disclosure and information about yourself from others.

Distinguishing Information

The process of identifying and understanding key details that differentiate one piece of information from another.

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Essential aspects of human motivation that encompass the need for companionship, belonging, and acceptance within social groups.

Will Schutz

A psychologist known for creating the Fundamental Interpersonal Relations Orientation (FIRO) theory, which explores how interpersonal relationships impact individual behavior.