Can you tell the difference between the direct and indirect approaches to preparing the statement of cash
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Question:
Can you tell the difference between the direct and indirect approaches to preparing the statement of cash flows?
Group of answer choices
There is no visible difference between the approaches that can be seen by looking at only the statement of cash flows.
There is a difference between the two approaches that can be seen by looking only at the statement of cash flows and it is found in the operating activities section.
There is a difference between the two approaches that can be seen by looking only at the statement of cash flows and it is found in the investing activities section.
There is a difference between the two approaches that can be seen by looking only at the statement of cash flows and it is found in the financing activities section.
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