In comparing the direct method with the indirect method of preparing the statement of cash flows:
A) only operating activities are presented differently.
B) only investing activities are presented differently.
C) only financing activities are presented differently.
D) all activities are presented differently.

Question

Quizplus · Accepted Answer

The direct and indirect methods differ only in the presentation of cash flows from operating activities; investing and financing activities are presented the same way under both methods.

In Comparing the Direct Method with the Indirect Method of Preparing