Question: Question22 : As mentioned, most organizations do not choose to present their operating activity cash flows using the direct method despite preference by FASB. Instead,
Question22 : As mentioned, most organizations do not choose to present their operating activity cash flows using the direct method despite preference by FASB. Instead, this information is shown within a statement of cash flows by means of the indirect method. How does the indirect method of reporting operating activity cash flows differ from the direct method?
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