*Q15: As mentioned, most organizations do not choose to present their operating activity cash flows using the direct m
Posted: Sun Apr 17, 2022 6:58 pm
*Q15: As mentioned, most organizations do not choose to present their operating activity cash flows using the
direct method despite preference by FASB. Instead, this information is shown within a statement of cash flows by
means of the indirect method. How does the indirect method of reporting operating activity cash flows differ from
the direct method?
direct method despite preference by FASB. Instead, this information is shown within a statement of cash flows by
means of the indirect method. How does the indirect method of reporting operating activity cash flows differ from
the direct method?