A Calculation of the Net Cash Provided or Used by Operating

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 themajor classes of operating cash disbursements, such as cash paid for merchandise, is the:

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