The AIDA Model Can Use Either a Direct or an Indirect

question 5

True/False

The AIDA model can use either a direct or an indirect approach.

---

Definitions:

Statement of Cash Flows

A report detailing how alterations in balance sheet items and revenues influence the cash and cash equivalents, segmented into operations, investments, and funding activities.

Accounting Period

The period of time for which an income statement is prepared.

Uses of Cash

Refers to the various ways in which a business or individual applies its cash resources, including operational expenses, investment activities, and financing costs.

Net Cash Flows

The difference between a company's cash inflows and outflows in a given period.