A benefi t of using the direct method rather than the indirect method when reporting operating cash
Question:
A benefi t of using the direct method rather than the indirect method when reporting operating cash fl ows is that the direct method:
A . mirrors a forecasting approach.
B . is easier and less costly.
C . provides specifi c information on the sources of operating cash fl ows.
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C is correct Th e primary argument in favor of the dire...View the full answer
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Related Book For 
International Financial Statement Analysis Workbook
ISBN: 9781119628095
4th Edition
Authors: Thomas R. Robinson, Elaine Henry, Wendy L. Pirie
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