The difference between the direct and the indirect method applies only to cash from what type of activity?
A) Operating
B) Investing
C) Financing
D) All of these answers are correct.

Question

Quizplus · Accepted Answer

Under generally accepted accounting principles,the operating activities section of the statement of cash flows can be presented using either the direct or the indirect method.The direct and indirect methods pertain only to the presentation of operating activities.

The Difference Between the Direct and the Indirect Method Applies