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    Fundamental Accounting Principles Study Set 8
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    Exam 16: Reporting and Analyzing Cash Flows
  5. Question
    The Direct Method of Reporting Operating Cash Flows
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The Direct Method of Reporting Operating Cash Flows

Question 99

Question 99

Multiple Choice

The direct method of reporting operating cash flows:


A) Is recommended, but not required, by IFRS.
B) Is used by most companies.
C) Is recommended by IFRS.
D) Is not required by IFRS.
E) All of these answers are correct.

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