Solved

The Direct Method for the Preparation of the Statement of Cash

Question 76

Multiple Choice

The direct method for the preparation of the statement of cash flows ________.


A) starts with net income and makes adjustments for all the items that are not cash.
B) starts by converting every number on the income statement to its cash amount.
C) starts by estimating the sources of cash and the uses of cash.
D) all of these

Correct Answer:

verifed

Verified

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

Related Questions