Question

Direct or indirect? Most companies report operating cash flows using the ___________ method. Net income is...

Direct or indirect?

Most companies report operating cash flows using the ___________ method.

Net income is reconstructed on a cash basis when the ___________ method is used to report the net cash flows provided (used) by operating activities.
The net cash amount provided by operating activities using the direct method is ____________ that computed using the indirect methods.
The FASB recommends that the operating activities section of the statement of cash flows be reported using the ____________ method.

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