Which Statement Below Is Correct Concerning the Majority of Companies

question 4

Multiple Choice

Which statement below is correct concerning the majority of companies' preferences in preparing the statement of cash flows?

• A)Most companies use the direct method.
• B)Most companies use the indirect method.
• C)About half of public companies use the direct method and the other half use the indirect method.
• D)Most companies use both the direct and indirect methods.