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Which of the following statements is correct concoming the preparation of the operating section of the statement of cash flows? O A. The choice of

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Which of the following statements is correct concoming the preparation of the operating section of the statement of cash flows? O A. The choice of method, direct or indirect, changes the overall cash flow from operating activities reported on the statement. O B. Assuming accounts payable includes only inventory purchases, the payments to suppliers will always equal the inventory purchases made during the period. OC. A net loss from the sale of a long-term asset is reported in the operating section as a use of cash. D. Assuming all sales are made on account, if accounts receivable decrease during the period, cash received from customers can be calculated by adding the decrease in accounts receivable to total sales for the period. O E. Cash operating expenses, assuming they are paid when incurred, are calculated by adding noncash expenses to the total operating expenses reported on th income statement

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