Question: True or False Question True or false: When presenting the operating activities section of the statement of cash flows, the direct method starts with net

True or False Question

True or false: When presenting the operating activities section of the statement of cash flows, the direct method starts with net income and adjusts it by eliminating the effects of transactions that do not involve cash. The indirect method reports the total cash inflow or cash outflow from each main type of transaction.

True false question.

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False

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