The difference between the direct and indirect methods applies only to the ________ activities section(s)of the statement of cash flows.
A)operating
B)investing and financing
C)investing
D)operating and investing

Question

Quizplus · Accepted Answer

The difference between the direct and indirect methods only applies to the operating activities section of the statement of cash flows. The investing and financing sections are the same regardless of the method used.

The Difference Between the Direct and Indirect Methods Applies Only