The Only Part That Differs in a Statement of Cash

question 6

Multiple Choice

The only part that differs in a statement of cash flows using the direct method rather than the indirect method is:

• A)the financing activities section.
• B)the investing activities section.
• C)the operating activities section.
• D)none of the above.

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Definitions:

Managers

Individuals within an organization responsible for directing, controlling, and administering work groups or departments to achieve the organization's objectives.

Knowledge

Information, understanding, and skills acquired through experience or education, allowing individuals to navigate various situations.

Knowing-Doing Gap

The gap between what people understand they ought to do and their actions in reality.

Innovations

The introduction of new ideas, products, or methods that aim to improve processes, services, or technologies.