The Indirect and Direct Methods

question 95

Multiple Choice

The indirect and direct methods:

• A)Are used by companies about equally in actual practice.
• B)Affect the presentations of operating,investing,and financing activities.
• C)Arrive at different amounts for net cash flows from operating activities.
• D)Are two allowable methods to present operating activities in the statement of cash flows.

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Definitions:

Male Bias

A tendency to prefer, value, or prioritize men over women, often resulting in discrimination or inequality.

Psychometric Psychologists

Professionals who specialize in the theory and technique of psychological measurement, including the development of tests to assess personality, intelligence, and other mental functions.

Mental Abilities

The capacity to perform cognitive tasks, solve problems, and learn from experience.

Personality

The unique combination of emotional, attitudinal, and behavioral response patterns of an individual.