[alabe]

Does anyone have any tips or insight on the statement of cash flow MCQ and remembering what is operating, financing, or investing.
Also, tips to remember indirect vs. direct method would also be helpful.

Becker provided this, but for some reason it’s just not sticking with me.
Operating: is essentially all current assets and liabilities
Financing: Debt and equity that isn’t current
Investing: all non-current assets.

Thanks in advance!

AUD - NINJA in Training
BEC - 79
FAR - 75
REG - 75

So close to becoming a CPA!

[Anonymous]

unfortunately the only thing that has worked for me is going through the MCQs over and over again. It's somewhat common sense, but I know it can be confusing at times because there seems to be a lot of overlap and some that even go into more than one bucket based on how it's handled. Practice practice practice. It's frustrating, but it will help! Do the questions 2-3 times before your exam.

[Author]

Replies