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    College Accounting Study Set 2
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    Exam 21: Statement of Cash Flows
  5. Question
    Under the Direct Method, Cash Payments Are Outflows of Cash
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Under the Direct Method, Cash Payments Are Outflows of Cash

Question 30

Question 30

Multiple Choice

Under the direct method, cash payments are outflows of cash, and any change with a positive cash effect is:


A) added.
B) subtracted.
C) no change.
D) None of the above are true.

Correct Answer:

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