单选题 Which of the following statements about the analysis of cash flows is least accurate? A. Interest payments on debt are not a financing cash flow under U. S. GAAP. B. Dividends received are an operating cash flow under U. S. GAAP. C. Both the direct and indirect methods involve adding back noncash items such as depreciation and amortization.

【正确答案】 C

【答案解析】When using the direct method of calculating operating cash flows, depreciation and amortization are not "added back" (to net income) because we don' t begin with net income under the direct method. Depreciation and amortization are noncash changes and are not used under the direct method. The other statements are tree. Interest payments on debt affect cash flow from operations.