For a company using the direct method, both the operating activities and investing activities will report the same net amounts provided or used as the indirect method, but the amount reported under financing activities will be different.

Question

Quizplus · Accepted Answer

The direct and indirect methods differ only in the presentation of operating activities; investing and financing activities are presented the same way in both methods, resulting in the same net amounts provided or used.

For a Company Using the Direct Method, Both the Operating