Which of the Following Is a Method for Reporting Cash

question 111

Multiple Choice

Which of the following is a method for reporting cash flows from operating activities that begins with net income and reconciles to cash flows from operating activities?

• A) cash-basis method
• B) direct method
• C) accrual method
• D) indirect method

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Definitions:

Internet

A global system of interconnected computer networks that uses the Internet Protocol suite to communicate between networks and devices.

Modern IT Infrastructure

The contemporary framework of technology components necessary for an organization's IT services, including hardware, software, networks, and facilities, designed to support operations and adapt to current technological advancements.

Evolution Stages

Evolution stages refer to the different phases or periods in the evolutionary development of organisms, technologies, or systems.

Cumulative Evolution

The process in which changes accumulate over time, leading to significant development or transformation in a system, organism, or technology.