Answer the Following: A.What Are the Similarities and Differences Between the Direct and the Direct

Answer the following:
a.What are the similarities and differences between the direct and indirect methods of preparing the statement of cash flows?
b.In practice,which method of preparation is used for the statement of cash flows and why?
c.Is the indirect method of presenting the statement of cash flows required by the IASB?
d.Briefly discuss how unrealized gains and losses arising from held-for-trading investments that are not designated as cash equivalents are reported on the statement of cash flows.