There is no difference in the investing and financing sections of the statement of cash flows using the indirect and direct methods.

Name: There is no difference in the investing and financing sections of the statement of cash flows using the indirect and direct methods.
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Question

Quizplus · Accepted Answer

The indirect and direct methods of preparing the statement of cash flows differ only in the presentation of the operating activities section; the investing and financing sections are prepared the same way under both methods.

There Is No Difference in the Investing and Financing Sections