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When Preparing the Note Attached to the Statement of Cash

Question 9

Multiple Choice

When preparing the note attached to the statement of cash flows reconciling operating profit with cash flow from operations, which statement is not true?


A) An increase in current assets is deducted from profit.
B) A decrease current assets is added to profit.
C) An increase in current liabilities is deducted from profit.
D) All of the above are true.

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