A Major Disadvantage of the Indirect Method of Reporting Cash

question 176

True/False

A major disadvantage of the indirect method of reporting cash flows from operating activities is that the difference between the net amount of cash flows from operating activities and net income is emphasized.

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Definitions:

Depressive Personality Disorder

A personality disorder characterized by chronic feelings of sadness, emptiness, and emotional instability.

Clusters

Groups of personality disorders. DSM-IV-TR lists 10 personality disorders in three clusters: (A) odd and eccentric disorders (paranoid, schizoid, and schizotypal); (B) dramatic, emotional, or erratic disorders (antisocial, borderline, histrionic, and narcissistic); and (C) anxious and fearful disorders (avoidant, dependent, and obsessive-compulsive).

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, is a standardized classification of mental disorders used by mental health professionals.

Clusters

Groups of similar objects, subjects, or events that are placed together based on certain criteria or characteristics.