The only part that differs in a statement of cash flows using the direct method from one using the indirect method is the:
A)financing activities section.
B)investing activities section.
C)operating activities section.
D)non-cash investing and financing activities section.

Question

Quizplus · Accepted Answer

The only part that differs between the direct method and the indirect method of preparing a statement of cash flows is the operating activities section. The other sections (investing activities, financing activities, and non-cash investing and financing activities) are the same in both methods.

The Only Part That Differs in a Statement of Cash