The indirect method of preparing a statement of cash flows
a. eliminates the need for a schedule of noncash investing and financing transactions.
b. provides a different result than the direct method.
c. adjusts net income for changes in current accounts.
d. shows collections from customers rather than the change in Accounts Receivable.
C
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A. importing B. exporting C. outsourcing D. offshoring E. relocating
FOB ________ means the buyer accepts ownership when the goods depart the seller's place of business. The buyer is responsible for paying shipping costs and bears the risk of damage or loss when goods are in transit.
Fill in the blank(s) with the appropriate word(s).
An output contract is too vague to be a legally-enforceable agreement
Indicate whether the statement is true or false
A LAN is the network that ________
A) links different sites together B) provides service within a company C) provides service within a site D) all of the above