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  2. Topic
    Business
  3. Study Set
    Fundamentals of Financial Accounting
  4. Exam
    Exam 12: Reporting and Interpreting the Statement of Cash Flows
  5. Question
    Which Method of Preparing the Operating Activities Section of the Statement
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Which Method of Preparing the Operating Activities Section of the Statement

Question 2

Question 2

Multiple Choice

Which method of preparing the operating activities section of the statement of cash flows consists of a summary of each component of operating transactions that result in either a debit or a credit to cash?


A) Direct
B) Indirect
C) Accrual
D) Cash

Correct Answer:

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