The direct method of preparing the statement of cash flows:
A) reports where cash came from and how it was spent on operating activities.
B) is used by a vast majority of companies.
C) is preferred by FASB.
D) is much easier for companies to compute.

Question

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The Answer of The direct method of preparing the statement of cash flows:
A) reports where cash came from and how it was spent on operating activities.
B) is used by a vast majority of companies.
C) is preferred by FASB.
D) is much easier for companies to compute.

The Direct Method of Preparing the Statement of Cash Flows