Which Statement Is True as to the IASB's Position on the Presentation

question 25

Multiple Choice

Which statement is true as to the IASB's position on the presentation of the statement of cash flows?

• A) The IASB recommends the use of the indirect method, but most companies use the direct method.
• B) The IASB recommends the use of the direct method, but most companies use the indirect method.
• C) The IASB recommends the use of the direct method, and most companies use the direct method.
• D) The IASB recommends the use of the indirect method, and most companies use the indirect method.

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Definitions:

Health And Wellness

A holistic approach to maintaining physical, mental, and emotional well-being.

Chronic Disease

A long-term health condition that persists for months or years, such as diabetes, arthritis, or heart disease.

Risk Factor

An attribute, characteristic or exposure that increases the likelihood of developing a disease or injury.

Preventive Safety

Measures and practices implemented to reduce the risk of accidents, injuries, or other adverse events before they occur.