Which of the Following Methods of Reporting Cash Flows Provided

question 31

Multiple Choice

Which of the following methods of reporting cash flows provided by operating activities does the Financial Accounting Standards Board recommend?

• A)The indirect method
• B)The direct method
• C)Either the indirect method or the direct method
• D)Neither the indirect method nor the direct method

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Definitions:

Lower-power State

A condition in which a device operates with reduced energy consumption, usually to save battery life or reduce power usage.

Hard Disk

A data storage device used for storing and retrieving digital information using one or more rigid rapidly rotating disks coated with magnetic material.

Sign-in Screen

The first screen or page presented to users requiring them to enter their credentials to access a system or application.

User Account

A profile on a computer or online service that represents a user's identity and permissions.