Question: The choice between the direct and indirect method for reporting cash flows from operating activities: A) Affects only the operating activities section of the statement

The choice between the direct and indirect method for reporting cash flows from operating activities:

A) Affects only the operating activities section of the statement of cash flows. B)
Affects all three operating, investing, and financing sections of the statement of cash flows
C)
Is determined by the industry in which the company operates.
D) Generally results in different amounts being reported for cash flows from operations.

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