Which Method Is Used by Majority of U

question 57

Multiple Choice

Which method is used by majority of U.S.companies to report cash flows from operating activities?

• A) Accrual method
• B) Direct method
• C) Indirect method
• D) Computational method

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Definitions:

Problem-Factoring Process

A methodical approach to solving problems by breaking them down into smaller, more manageable components.

Logical

Pertaining to or characterized by clear, sound reasoning and thought.

Multiple Perspectives

The consideration of different viewpoints or angles on a particular issue or topic.

Informational Report

A document that provides facts and data without analysis or recommendations, often used for reference or record-keeping.