The indirect method of formatting the statement of cash flow is also referred to as the income statement method.

Name: The indirect method of formatting the statement of cash flow is also referred to as the income statement method.
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The indirect method of formatting the statement of cash flow is also known as the reconciliation method. It reconciles net income as reported on the income statement with net cash flow from operating activities. It is not referred to as the income statement method.

The Indirect Method of Formatting the Statement of Cash Flow