The direct method of reporting operating cash flows:
A)Separately lists cash receipts and payments.
B)Must be used by all companies.
C)Is used by most companies.
D)Is considered supplementary disclosure.
E)Is not recommended by the FASB,but is commonly used.

Question

Quizplus · Accepted Answer

The direct method of reporting operating cash flows separately lists cash receipts and payments.

The Direct Method of Reporting Operating Cash Flows