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    Financial Accounting Tools Study Set 4
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    Exam 12: Statement of Cash Flows
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    Under the Indirect Method, Gains and Losses from the Sale
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Under the Indirect Method, Gains and Losses from the Sale

Question 80

Question 80

True/False

Under the indirect method, gains and losses from the sale of equipment used in operations would be included in the cash flows from operating activities section on the statement of cash flows.

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