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    Business
  3. Study Set
    Financial Accounting Study Set 5
  4. Exam
    Exam 13: The Statement of Cash Flows
  5. Question
    Cash Inflows and Outflows Are Netted in the Investing Activities
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Cash Inflows and Outflows Are Netted in the Investing Activities

Question 3

Question 3

True/False

Cash inflows and outflows are netted in the investing activities section of the statement of cash flows in order to simplify the statement.

Correct Answer:

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