Which of the Following Statements Is Incorrect Regarding the Statement

Multiple Choice

Which of the following statements is incorrect regarding the statement of cash flows?

A) The direct and indirect methods always produce the same amount of cash flows from operating activities.
B) The direct method presentation of operating cash flows is more straightforward than that of the indirect method.
C) The indirect method is more difficult to implement in practice.
D) When the direct method is presented,preparation and disclosure of the indirect method of presenting cash flows from operating activities is also required.