Which of the Following Statements About the Statement of Cash

Multiple Choice

Which of the following statements about the statement of cash flows is TRUE?

A) The indirect method and the direct method will both show the same end results.
B) The direct method begins with net income and adjusts to calculate operating cash flows.
C) The indirect method shows three types of cash flows, but the direct method does not.
D) The operating activities section of both the direct and the indirect method are the same.