menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamentals of Financial Accounting Study Set 2
  4. Exam
    Exam 12: Statement of Cash Flows
  5. Question
    Indirect Method Is More Detailed as It Shows the Operating
Solved

Indirect Method Is More Detailed as It Shows the Operating

Question 56

Question 56

True/False

Indirect method is more detailed as it shows the operating cash receipts and cash payments and is thus more time-consuming and costly.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q51: An outdoor water park in Quebec with

Q52: Identify whether each of the following list

Q53: Cash flows from financing activities:<br>A)are always negative

Q54: Which of the following is not needed

Q55: All other things equal,when net income and

Q57: Recording accrued expenses decreases the balance in

Q58: Although Generally Accepted Accounting Principles prefer the

Q59: A change in a company's cash account

Q60: When the direct method is used to

Q61: Which of the following statements is true

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines