Solved

The Direct Method of Preparing the Statement of Cash Flows

Question 8

Multiple Choice

The direct method of preparing the statement of cash flows


A) results in more cash from operating activities,but less cash from investing activities,and the same total cash flow as the indirect method.
B) converts each item on the income statement to its cash equivalent.
C) reports interest and dividends received in the investing activities section.
D) All of these choices.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents