The indirect and direct methods of preparing the statement of cash flows show the same amount of net cash provided by operating activities.

Name: The indirect and direct methods of preparing the statement of cash flows show the same amount of net cash provided by operating activities.
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Question

Quizplus · Accepted Answer

Both the indirect and direct methods of preparing the statement of cash flows arrive at the same amount of net cash provided by operating activities, although the presentation format differs.

The Indirect and Direct Methods of Preparing the Statement of Cash