Which of the following statements regarding the direct and indirect methods of reporting cash flow from operating activities is false? Multiple Choice 0 Although both methods result in the same net increase or decrease in cash for the year, net cash flow from operating activities will be different under the two methods. 0 The direct method shows the specific cash inflows and outflows constituting the operating activities of the business. 0 Under the indirect method, the computation of net cash flow from operating activities begins with net income as shown in the income statement. 0 The FASB permits both the direct and the indirect methods, but has expressed a preference for the direct method