Which one of the following items is NOT generally used in preparing a cash flow statement?
A) Statement of comprehensive income
B) Comparative balance sheets
C) Current income statement
D) Additional information

Question

Quizplus · Accepted Answer

The statement of comprehensive income is not typically used in preparing a cash flow statement. Instead, the cash flow statement is primarily derived from the comparative balance sheets, the current income statement, and any additional information that provides details on changes in cash and cash equivalents.

Which One of the Following Items Is NOT Generally Used