The investing section of the statement of cash flows is the same regardless of whether the direct or indirect method is used.

Name: The investing section of the statement of cash flows is the same regardless of whether the direct or indirect method is used.
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Question

Quizplus · Accepted Answer

Both the direct and indirect methods of preparing the statement of cash flows have the same section for investing activities, which includes cash flows related to the acquisition or disposal of long-term assets and/or investments.

The Investing Section of the Statement of Cash Flows Is