The direct method: I. Is used by companies in actual practice about equally compared to the indirect method. II. Adjusts Net Income to determine net cash flows from operations III. Presents individual cash inflows and cash outflows for operating activities IV, Affects the presentations of operating, investing, and financing activities. V. Arrives at the same amounts for net cash flows than the indirect method. Which statements are not true: OI and II OI, II and IV O III and V III, IV and V