Weegy: The accounting profession follows generally accepted accounting principles as defined by The FASB (Financial Accounting Standards Board). User: The statement of cash flows identifies cash receipts and disbursements that result A) from selling goods and/or services, exclusively. B) solely from a firm's investments. C) from a firm's operations and investment activities, but not from financing activities. D) from a firm's operations, investment, and financing activities. Weegy: The statement of cash flows identifies cash receipts and disbursements that result from a firm's operations, investment, and financing activities. (More)