The "worksheet approach" to preparing a statement of cash flows involves analyzing changes in non-cash statement of financial position accounts.

Name: The "worksheet approach" to preparing a statement of cash flows involves analyzing changes in non-cash statement of financial position accounts.
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The "worksheet approach" involves starting with net income and then analyzing changes in non-cash current assets and current liabilities to prepare the statement of cash flows.

The "Worksheet Approach" to Preparing a Statement of Cash Flows