The direct approach differs from the indirect approach with regard to results in which section of the cash flow statement?
A)Operating activities
B)Investing activities
C)Financing activities
D)There is no difference between the two approaches

Question

Quizplus · Accepted Answer

The direct and indirect approaches differ in how cash flows from operating activities are presented, but the results in terms of net cash provided by operating, investing, and financing activities are the same under both methods.

The Direct Approach Differs from the Indirect Approach with Regard