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    Business
  3. Study Set
    Fundamental Accounting Principles Study Set 8
  4. Exam
    Exam 16: Reporting and Analyzing Cash Flows
  5. Question
    The Indirect Method for Preparation of the Statement of Cash
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The Indirect Method for Preparation of the Statement of Cash

Question 77

Question 77

True/False

The indirect method for preparation of the statement of cash flows calculates the net cash inflows outflows) from operating activities by adjusting accrual net income to a cash basis.

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