Q13: the net cash flows from operating activities figure would change from using the direct method versus the indirect method for the same company and same year.

Select one:

True

False

Q14:

which of the followings is considered as an outflow in the investing activities in the statement of cash flow

a.

no answer is correct

b.

proceeds from sale of plant asset

c.

purchase of plant asset

d.

gain on sale of a plant asset