Under the direct and indirect methods of reporting the statement of cash flows, only
A) the operating activities section is different.
B) the financing activities section is different.
C) the investing activities section is different.
D) the operating and financing activities sections are different.

Question

Quizplus · Accepted Answer

Under the direct and indirect methods, only the operating activities section differs in how cash flows are presented. The financing and investing activities sections remain the same in both methods.

Under the Direct and Indirect Methods of Reporting the Statement