When preparing the statement of cash flows,the amount of net cash provided by operating activities differs between the direct and indirect methods.

Question

Quizplus · Accepted Answer

The amount of net cash provided by operating activities is the same under both the direct and indirect methods; the difference between the two methods lies in the presentation of cash flows from operating activities, not in the calculation of the net cash provided by operating activities.

When Preparing the Statement of Cash Flows,the Amount of Net