- CFA Exams
- CFA Level I Exam
- Topic 3. Financial Statement Analysis
- Learning Module 20. Understanding Cash Flow Statements
- Subject 2. Preparing the Cash Flow Statement
CFA Practice Question
What begins the indirect method of determining cash flow from operating activities?
A. Sales
B. Net income
C. Operating profit
Explanation: The indirect method of determining cash flow from operating activities begins with net income.
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