Which of the Following Statements About the Statement of Cash

Multiple Choice

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

A) The indirect method and the direct method will produce the same amount of cash flow.
B) The indirect method begins with net income and adjusts to calculate operating cash flows.
C) Both the direct and indirect methods include 3 types of cash flows.
D) The operating activities section of both the direct and the indirect method are the same.