TOPIC 1: Companies are required to classify cash flows asoperating, investing, or financing. Which of these three categoriesdo you think will most likely have a net cash outflow over a numberof years? Explain your answer.
TOPIC 2: Which method of preparing the Operating Activitiessection of the statement of cash flows, the direct or the indirectmethod, do you believe provides more information to users of thestatement? Explain your answer.
