The less popular of the two methods allowed for preparing the statement of cash flows is the _________ method.
Answer: DIRECT
Learn More :
Accountancy
- The ________ of treasury stock will be reported as an increase in the cash provided by financing activities.
- When _________ are declared and paid within the year, they will be reported as a decrease in the cash provided by financing activities.
- Increases in ________ and stockholders' equity will result in additions to the cash provided.
- An increase in Wages Payable will cause the cash provided by operating activities under the indirect method to __________ (decrease, increase).
- An increase in Accounts ______ would be an increase in the cash provided by operating activities under the indirect method.
- The conversion of bonds into common stock is an example of __________ information that is reported outside of the three major sections of the statement of cash flows.
- The ________ of bonds payable will increase the cash provided by financing activities.
- The purchase of _________ stock will be reported as a decrease in the cash provided by financing activities.
- Companies using the indirect method must also disclose the amount paid for _______ and income taxes.
- The ________ on the sale of an asset used in a company's business will be a deduction to the cash provided by operating activities under the indirect method.
- Depreciation is a __________ expense.
- Increases in ________ and stockholders' equity will result in additions to the cash provided.
- This method is the most commonly used method for preparing the Statement of Cash Flows.
- The entire________ from the sale of an asset used in the business will be reported as an increase in the cash provided by investing activities.
- The changes in the _________ capital accounts are reported as adjustments to net income when determining the cash provided by operating activities under the indirect method.
- The 2010 statement of cash flows of ABC Corp. explains the change in the cash and _____ equivalents from Dec. 31, 2009 through Dec. 31, 2010.
- An increase in Inventory will cause the cash provided by operating activities under the indirect method to __________ (decrease, increase).
- The payment of dividends will be reported as a decrease in cash provided by ________ activities.
- A decrease in Accounts ________ will cause an increase in the cash provided by operating activities under the indirect method.
- The cash provided by _________ activities is sometimes compared to net income to make judgements about the quality of earnings.
- Under the indirect method of preparing the statement of cash flows, the cash provided by operating activities begins with net _______.
- Depreciation expense is ________ to net income when determining the cash provided by operating activities (under the indirect method).
- The ______ (similar to repurchase or retirement) of bonds payable will decrease the cash provided by financing activities.
- The statement of cash flows often explains the change in cash and cash __________.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.