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  3. Study Set
    Financial Accounting Study Set 6
  4. Exam
    Exam 12: The Statement of Cash Flows
  5. Question
    The Indirect Method of Preparing the Statement of Cash Flows
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The Indirect Method of Preparing the Statement of Cash Flows

Question 128

Question 128

True/False

The indirect method of preparing the statement of cash flows is preferred by the FASB because it clearly relates net income to net cash provided by operating activities.

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