The direct method of reporting

a. is preferred by U.S. GAAP.
b. shows a reconciliation between net income and cash flow from operations either at the bottom of the statement of cash flows or in a separate note.
c. reports the amounts of cash received from customers less cash disbursed to various suppliers, employees, lenders for interest payments, and taxing authorities.
d. includes all of the above.
e. includes none of the above.


D

Business

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