Question: The direct method of reporting operating cash flows: Multiple Choice Is considered supplementary disclosure. Must be used by all companies. Is not recommended by the

The direct method of reporting operating cash flows: Multiple Choice Is

The direct method of reporting operating cash flows:
Multiple Choice
Is considered supplementary disclosure.
Must be used by all companies.
Is not recommended by the Financial Accounting Standards Board (FASB), but is commonly used.
Subtracts cash payments from cash receipts,
Is used by most companies.
considered supplementary disclosure. Must be used by all companies. Is not recommended

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