question archive Which one of the following items is NOT generally used in preparing a cash flow statement? statement of comprehensive income comparative balance sheets additional information current income statement
Which one of the following items is NOT generally used in preparing a cash flow statement? statement of comprehensive income comparative balance sheets additional information current income statement
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Which one of the following items is NOT generally used in preparing a cash flow statement?
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statement of comprehensive income |
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comparative balance sheets |
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additional information |
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current income statement |
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Answer:
While preparing statement of cash flows, comparative balance sheets, additional information any, and current income statements items are used for preparation. So the one which is not included is statement of comprehensive income because the items under here is not taken for preparing statement of cash flows.
Hence, option A is the correct answer.
