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“QUESTION# 9 ANALYSTS PREFER THE INDIRECT APPROACH TO THE PREPARATION OF THE STATEMENT OF CASH FLOWS BECAUSE THE SIZE AND DIRECTION OF THE ITEMS

“QUESTION# 9 ANALYSTS PREFER THE INDIRECT APPROACH TO THE PREPARATION OF THE STATEMENT OF CASH FLOWS BECAUSE THE SIZE AND DIRECTION OF THE ITEMS

“QUESTION# 9ANALYSTS PREFER THE INDIRECT APPROACH TO THE PREPARATION OF THE STATEMENTOF CASH FLOWS BECAUSE THE SIZE AND DIRECTION OF THE ITEMS RECONCILING NET INCOME TO CASH FLOW PROVIDE A YARDSTICK FOR MEASURING THE:A-CURRENT RATIOB-QUALITY OF EARNINGSC-RATE OF DIVIDENDSD-RETURN ON ASSETS

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