(SO 5) Which of the following about the statement of cash flows is incorrect? a. The direct...

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(SO 5) Which of the following about the statement of cash flows is incorrect?

a. The direct method max be used to report cash provided bj operations,

b. The statement shows the cash provided (used) for three categories of activity.

c. Hie operating section is the last section of the statement.

d. lite indirect method mav be used to report cash provided bv operations.

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Financial Accounting Text Only

ISBN: 9780006575405

5th Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel

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