In the indirect method, the operating activities section starts with profit computed under the accrual concept and then makes adjustments to it.

Name: In the indirect method, the operating activities section starts with profit computed under the accrual concept and then makes adjustments to it.
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In the indirect method, the operating activities section starts with net income (profit) computed under the accrual concept and then makes adjustments to it to arrive at cash flows from operating activities.

In the Indirect Method, the Operating Activities Section Starts with Profit