Next Page Previous Page Note: It is recommended that you save your response as you complete each question. D Question 3 (Mandatory) (4 points) The direct method of presenting net cash flow from operating activities: Must be used in a statement of cash flows Is used when there are no cash flows from investing and financing activ Reconcles accrual basis Shows the major categories of operating cash receipts and cash payments net income to a cash basis amount , p MacBook Air fy