Which sections of the cash flow statement are affected by the difference in the direct and indirect approaches of presenting a cash flow statement?
I.Operating activities section
II.Investing activities section
III.Financing activities section
A)I
B)II
C)III
D)I,II,and III

Question

Quizplus · Accepted Answer

The difference in the direct and indirect approaches of presenting a cash flow statement only affects the operating activities section of the statement. The investing and financing activities sections are not affected by this difference.

Which Sections of the Cash Flow Statement Are Affected by the Difference