Question

You lube Maps Video Lecture (Part 2) Saved Help Save & 1000 900 1500 1300 Salarles payable Other operating expenses payable Interest payable Unearned rent revenue Senin Assessment 1 The presentation format used under the... The presentation format used under the direct method differs significantly from the format used under the indirect method when reporting the financing activities section of the statement of cash flows. This statement is DO True or False True False

Answer 1

Answes False The only differene batweon Cash foo statemiat eposding unde diret and Ondiret method is opexaling activi bes cash feao calulatin calulatinn af cash tlow from operating achuihes signihanily deflers f Diret mathod to fndirert methool calculatio of cash floo rom Investing and finanting athui bes will be Undus both direct and sodirert mithod Same