Which Method of Reporting Cash Flows from Operating Activities Is

question 74

Multiple Choice

Which method of reporting cash flows from operating activities is used by most businesses in preparing the statement of cash flows?

• A)Accrual method
• B)Direct method
• C)Indirect method
• D)Computational method

---

Definitions:

Mental Retardation

An outdated and offensive term previously used to describe a condition characterized by below-average intellectual function and a lack of skills necessary for daily living; now more respectfully referred to as intellectual disability.

Down Syndrome

A genetic disorder caused by the presence of an extra chromosome 21, characterized by intellectual disability and physical abnormalities.

Cognitive Deficits

Impairments in mental processing abilities, such as memory, attention, and problem-solving skills.

Analytical Intelligence

One aspect of intelligence involving the ability to analyze, evaluate, judge, compare, and contrast information.