Which of the following sections of the statement of cash flows is presented differently between the direct method and indirect method?
A) investing activities
B) financing activities
C) operating activities
D) non-cash investing and financing activities

Question

Quizplus · Accepted Answer

The operating activities section is presented differently between the direct method and indirect method. The direct method presents actual cash inflows and outflows from operating activities, while the indirect method adjusts net income for non-cash transactions and changes in current assets and liabilities to arrive at the cash flows from operating activities.

Which of the Following Sections of the Statement of Cash