Which statement is incorrect about the indirect method of the statement of cash flow?

O A$.$ It shows cash basis net income by listing out all cash receipts seperately and all cash payments seperately.

$$B$.$ It indirectly shows changes in cash starting with the accrual net income and backing out all non$-$cash transactions.

$$C$,$ It is easier and less costly to prepare vs the direct method.

$$D$.$ It focuses on the differences between net income and net cash flow from operating activities.