Question 1
According to the 2011 edition of
Accounting Trends and Techniques, approximately what percentage of companies use the indirect method to report cash flows provided by operating activities?
◦ 98%
◦ 33%
◦ 67%
◦ 2%
Question 2
According to the 2011 edition of
Accounting Trends and Techniques, approximately what percentage of companies use the direct method to report cash flows provided by operating activities?
◦ 33%
◦ 2%
◦ 98%
◦ 67%