Which of the following sections of the statement of cash flows is presented differently between the direct method and indirect method?

Question

Quizplus · Accepted Answer

The operating activity section is presented differently between the direct method and indirect method. In the direct method, the operating section lists each individual cash receipt and cash payment, while in the indirect method, the operating section starts with net income and makes adjustments to arrive at net cash provided by operating activities. The investing, financing, and non-cash activity sections are presented in the same way between the direct and indirect methods.

Which of the Following Sections of the Statement of Cash