On a statement of cash flows prepared using the indirect method,the amount representing cash paid for interest would
A)be included in the net cash flows from financing activities section.
B)not be shown.
C)be included in the net cash flows from investing activities section.
D)be included in the net cash flows from operating activities section.

Question

Quizplus · Accepted Answer

In the indirect method, cash paid for interest is not shown separately on the statement of cash flows. Instead, it is included in the adjustments to reconcile net income to net cash provided by operating activities.

On a Statement of Cash Flows Prepared Using the Indirect