Under cash basis accounting, revenue is recorded when it is earned, regardless of when cash is received

Nanci needs to let Morgan know that the production line will be down until tomorrow and the items she needs to ship to the customer won't be ready on time. The information Nanci wants to share is called the __________.

Fill in the blank(s) with the appropriate word(s).

Preparing the statement of cash flows involves all of the following except determining the

a. cash provided by operations. b. cash provided by or used in investing and financing activities. c. change in cash during the period. d. cash collections from customers during the period.