SFAS No. 95 allows a choice between the direct and the indirect method for calculating the operations

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SFAS No. 95 allows a choice between the direct and the indirect method for calculating the operations section of the SCF. Do you think this is a case of flexibility? Explain.

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Accounting Theory Conceptual Issues in a Political and Economic Environment

ISBN: 978-1412991698

8th edition

Authors: Harry Wolk, James Dodd, John Rozycki

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Question Posted: Feb 12, 2016 06:26 AM

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SFAS No. 95 allows a choice between the direct and the indirect method for calculating the operations

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We do not consider this to be a case of flexibility beca...View the full answer

Accounting Theory Conceptual Issues in a Political and Economic Environment

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