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    Direct or an Indirect Basis

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    Do the financial statements include a statement of cash flows for proprietary funds? In how many categories are the cash flows presented?
    Is the statement on a direct or an indirect basis?

    The State of Washington. Web site is below.

    http://www.ofm.wa.gov/cafr/2008/default.asp

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    https://brainmass.com/business/accounting/direct-indirect-basis-278421

    Solution Preview

    Yes the financial statements include a statement of cash flows for proprietary funds (check page 54 on CAFR08).

    The cash flow is presented into

    1) Business Type ...

    Solution Summary

    This solution discusses direct and indirect bases.

    $2.19

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