The indirect method for preparation of the operating activities section of the statement of cash flows involves adjustments Multiple Choice O For income statement items involving operating activities that do not affect cash inflows or outflows O C) To eliminate gains and losses resulting from investing and financing activities O O Porcelangelo For changes in noncash current assets and current liabilities O For income statement items involving operating activities that do not affect cash inflows or outflows and for changes in noncash current assets and current liabilities O All of these