Question: Knowledge Check The indirect method shows operating cash receipts and payments. The majority of companies use the direct method because it is easier to prepare.

Knowledge Check
The indirect method shows operating cash receipts and payments.
The majority of companies use the direct method because it is easier to prepare.
Both the direct and indirect methods arrive at the same amount for "Net cash provided by operating
activities."
Knowledge Check The indirect method shows operating cash receipts and payments.

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