All of the following statements are true except:

a$.$

The reporting of financing activities is identical under both the direct and indirect methods for preparing the statement of cash flows.

b$.$

The reporting of operating activities is identical under both the direct and indirect methods for preparing the statement of cash flows.

c$.$

Companies have the option of using either the direct or indirect method to prepare the operating activities section of the statement of cash flows.

d$.$

Both the direct and indirect methods yield the same net cash provided $($used$)$ by operating activities.

e$.$

The reporting of investing activities is identical under both the direct and indirect methods for preparing the statement of cash flows