Which of the Following Statements Is Not Correct

Multiple Choice

Which of the following statements is not correct?

A) The direct method presents receipt and payment flows separately for each category of operating activities: selling,purchasing,securing employees labor,etc.
B) The direct method provides information which may be useful in estimating future cash flows and which is not available under the indirect method but is difficult to implement.
C) The vast majority of businesses report cash flows from operating activities using the indirect method.
D) Most standards recommend the indirect method while allowing the direct method.