Which of the Following Statements About the Statement of Cash

question 53

Multiple Choice

Which of the following statements about the statement of cash flows is FALSE?

• A) The indirect method and the direct method will produce the same amount of cash flow.
• B) The indirect method begins with net income and adjusts to calculate operating cash flows.
• C) Both the direct and indirect methods include 3 types of cash flows.
• D) The operating activities section of both the direct and the indirect method are the same.

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Definitions:

Memory

Capacity of the brain to store and retrieve information about past sensations and perceptions; essential to learning.

Peripheral Nervous System

The part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord.

Sensory Messages

Signals transmitted by sensory receptors to the brain or spinal cord, conveying information about the environment.

Motor Commands

refer to signals from the brain or spinal cord that direct muscles to contract or relax, enabling movement.