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A Calculation of the Net Cash Provided or Used by Operating

Question 52

Multiple Choice

A calculation of the net cash provided or used by operating activities that lists the major classes of operating cash receipts,such as receipts from customers,and subtracts the major classes of operating cash disbursements,such as cash paid for merchandise,is the


A) Cash basis of accounting
B) Direct method of calculating net cash provided (or used) by operating activities
C) Classified statement of cash flows
D) Indirect method of calculating net cash provided (or used) by operating activities
E) Net method of recording cash flows from operating activities

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