The Direct Method of Reporting Cash Flows from Operating Activities

question 135

True/False

The direct method of reporting cash flows from operating activities begins with net income from the income statement.

---

Definitions:

Combat Exclusion Policy

A former policy within the United States military that barred women from serving in combat roles, which was officially lifted in 2013.

Department of Defense

A federal agency responsible for coordinating and supervising all agencies and functions of the government related directly to national security and the United States armed forces.

ERA

Equal Rights Amendment, a proposed amendment to the United States Constitution aimed at guaranteeing equal legal rights for all American citizens regardless of sex.

Sexual Harassment

Unwanted sexual advances, requests for sexual favors, or other verbal or physical harassment of a sexual nature, especially in the workplace.