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  3. Study Set
    Managerial Accounting Study Set 23
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    Exam 15: Statement of Cash Flows
  5. Question
    Under the Direct Method of Determining the Net Cash Provided
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Under the Direct Method of Determining the Net Cash Provided

Question 89

Question 89

True/False

Under the direct method of determining the net cash provided by (used in) operating activities on the statement of cash flows, an increase in accounts receivable would be added to sales revenue to convert revenue to a cash basis.

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