In a three-step process for converting cash flow from the indirect to direct presentation, which of the following statements is most accurate The last step in the process is to:（）
A: aggregate all revenues and all expenses.
B: convert accrual amounts to cash flow amounts by adjusting for working capital changes.
C: remove all noncash items from aggregated revenues and expenses and break out remaining items into relevant cash flow items.
A: aggregate all revenues and all expenses.
B: convert accrual amounts to cash flow amounts by adjusting for working capital changes.
C: remove all noncash items from aggregated revenues and expenses and break out remaining items into relevant cash flow items.
举一反三
- The cash flow statement divides the cash flow of an enterprise in a<br/>certain period into three categories, they are _____. A: Cash flow from operating activities B: Cash flow from investment<br/>activities C: Cash flow from liability activities D: Cash flow from financing<br/>activities<br/>The
- Which of the following statements regarding long-term forecasts of cash flows is most accurate Long-term cash flow forecasts are:（） A: constructed from recent daily and weekly cash flows. B: are usually more accurate than short term cash flow forecasts. C: based on pro-forma balance sheet projections for future years.
- Which of the following items is NOT found in the financing cash flow part of the statement of cash flows（） A: Dividends paid. B: Change in paid-in capital. C: Change in retained earnings.
- Which of the following statement is not true? A: The initial investment in working capital is a cash outflow at the ending of the project for items such as inventories B: Working capital is recaptured at the end of the project when working capital is no longer required C: Depreciation is not a current cash outflow. D: Discounted cash flow methods automatically provide for a return of the original investment, thereby making a deduction for depreciation unnecessary
- An analyst does research about cash flow calculation. The indirect method of reporting cash flow from operating activities most likely begins with:（） A: net income. B: depreciation and amortization. C: changes in balance sheet accounts.