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    Financial Accounting Study Set 1
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    Exam 12: Statement of Cash Flows
  5. Question
    When Preparing the Operating Activities Section of the Statement of Cash
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When Preparing the Operating Activities Section of the Statement of Cash

Question 63

Question 63

True/False

When preparing the operating activities section of the statement of cash flows using the direct method,net income must be adjusted for gains or losses realized when property,plant,and equipment is sold.

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