When Using the Direct Method, How Is the Collection of Cash

question 87

Multiple Choice

When using the direct method, how is the collection of cash from customers shown on the statement of cash flows?

• A) Operating activity
• B) Investing activity
• C) Financing activity
• D) Noncash investing and financing activity

---

Definitions:

Multiple Points

Various aspects or considerations related to a specific topic or argument.

Political Precedent

A decision made in politics that sets an example or standard for future actions or decisions.

Representative Assembly

A legislative body composed of members elected or appointed to act on behalf of a larger group or constituency in making laws and policies.

Jamestown Colonists

The first permanent English settlers in North America, who founded Jamestown, Virginia, in 1607.