Ch$04-23.$ The direct method of presenting net cash flow from operating activities:

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Question $13$

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The direct method of presenting net cash flow from operating activities:

Select one:

A$.$ Must be used in a statement of cash flows

B$.$ Reconciles accrual basis net income to a cash basis amount

C$.$ Is used when there are no cash flows from investing and financing activities

D$.$ Shows the major categories of operating cash receipts and cash payments