QUESTION 20 2 points 5. When using the indirect method to prepare the operating activities section of the statement of cash flows, how is an increase in noncash current assets handled? a. It is subtracted from net income in the cash flows from operating activities section b. It is subtracted from current liabilities in the cash flows from financing activities section C. It is added to net income in the cash flows from operating activities section. d. It is added to equipment purchases in the cash flows from investing activities section. QUESTION 21 2 points Which of the following describes the only difference between the direct and indirect methods of preparing the statement of cash flows? a. The manner in which cash flows from investing activities is presented. Ob. Whether a schedule of noncash items needs to be presented. OC. The manner in which cash flows from financing activities is presented. d. The manner in which cash flows from operating activities is presented