2A1F THE MOST COMMONLY USED METHOD FOR CALCULATING AND REPORTING A CO...

17.

CSO: 2A1d

LOS: 2A1f

The most commonly used method for calculating and reporting a company’s net cash

flow from operating activities on its statement of cash flows is the

a.

direct method.

b.

indirect method.

c.

single-step method.

d.

multiple-step method.