A benefi t of using the direct method rather than the indirect method when reporting operating cash

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A benefi t of using the direct method rather than the indirect method when reporting operating cash fl ows is that the direct method:

A . mirrors a forecasting approach.

B . is easier and less costly.

C . provides specifi c information on the sources of operating cash fl ows.

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International Financial Statement Analysis Workbook

ISBN: 9781119628095

4th Edition

Authors: Thomas R. Robinson, Elaine Henry, Wendy L. Pirie

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Question Posted: Mar 27, 2024 02:02 AM

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A benefi t of using the direct method rather than the indirect method when reporting operating cash

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C is correct Th e primary argument in favor of the dire...View the full answer

International Financial Statement Analysis Workbook

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