Under the direct method a company deducts its operating cash outflows from its operating cash inflows to determine its net cash provided by (or used) in operating activities.

Name: Under the direct method a company deducts its operating cash outflows from its operating cash inflows to determine its net cash provided by (or used) in operating activities.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement accurately describes the direct method of calculating net cash provided by (or used in) operating activities.

Under the Direct Method a Company Deducts Its Operating Cash