which of the following statements regarding direct and indirect methods of reporting cash flow from operating activities is false?

a - although both methods result in same net increase or decrease in cash for year, net cash flow from operating activities will be different under the two

b - the FASB permits both direct and indirect methods, but has expressed a preference for the direct method

c - under the indirect method, the computation of net cash flow from operating activities begins with net income as shown on income statement

d - direct metod shows specific cash inflows and outflows constituting the operating activities of the business