Direct and Indirect Cash Flows
Write a 350-word response regarding the differences between the direct and indirect presentation of cash flows. Why does the Financial Accounting Standards Board allow both methods? Which do you prefer? Why?
Format your response consistent with APA guidelines.
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Differences between the direct and the indirect presentation of cash flows
The main difference between the direct and the indirect presentation of cash flows is the way income is obtained from operating activities. Cash flow from operating activities is the first section of the statement of cash flows. Under the direct presentation…………….
APA
441 Words
