Which method shows why net income and operating cash flows differ?
Answer
indirect method
Question
Which method shows why net income and operating cash flows differ?
Answer
?
Question
Which method shows why net income and operating cash flows differ?
Answer
indirect method
If you want to change selection, open document below and click on "Move attachment"
Subject 2. Preparing the Cash Flow Statement average reader.
The indirect method reconciles net income to net cash flow from operating activities by adjusting net income for all non-cash items and the net changes in the operating working capital accounts.
<span>It shows why net income and operating cash flows differ. It is used by most companies.
The direct and indirect methods are alternative formats for reporting net cash flows from operating activities. Both methods produc
Summary
status
not learned
measured difficulty
37% [default]
last interval [days]
repetition number in this series
0
memorised on
scheduled repetition
scheduled repetition interval
last repetition or drill
Details
No repetitions
Discussion
Do you want to join discussion? Click here to log in or create user.