What is the principal advantage and the principal disadvantage of the direct method of reporting cash flows from operating activities?

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter15: Statement Of Cash Flows
Section: Chapter Questions
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What is the principal advantage and the principal disadvantage of the direct method of reporting cash flows from operating activities?

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