GASB Requires the ____________ Method to Report Cash Flows from Operating

question 60

Multiple Choice

GASB requires the ____________ method to report cash flows from operating activities in the Statement of Cash Flows.

• A) Indirect
• B) Direct
• C) Modified direct
• D) modified indirect

---

Definitions:

Astrology

A belief system that suggests a connection between the positions of celestial bodies and events on Earth, often used for predictions.

Mushrooms

A type of fungus with a stem, cap, and gills or pores, some of which are edible or have medicinal properties.

Organismic Theorists

Theorists who emphasize the holistic and unique aspects of psychological development, focusing on the interaction between innate biological factors and environmental influences.

Mechanistic Theorists

Thinkers who view human behavior and development as being shaped by a complex system of inputs and outputs, similar to a machine.