Preparation of the statement of cash flows does not involve

Preparation of the statement of cash flows does not involve: Multiple Choice Computing the net increase or decrease in cash. Computing and reporting net cash provided or used by operations. Computing the profit compared to the net increase or decrease in cash. Computing and reporting net cash provided or used by financing activities. KPrev 5 of 10E Next

Solution

C. Computing the profit compared to the net increase or decrease in cash.

Preparation of the statement of cash flows does not involve computing the profit compared to the net increase or decrease in cash.