XACC 291 week 8 Assignment Direct and Indirect CashFlow

Financial_Accounting_7e_Ch13.pdf

Financial_Accounting_7e_Ch14.pdf

Write a 350-word response regarding the differences between the direct and indirect presentation of cash flows. Why does the Financial Accounting Standards Board allow both methods? Which do you prefer? Why?

Format your response consistent with APA guidelines. ;You must use in-text citations and have references on a reference page. ;