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    Using Financial Accounting
  4. Exam
    Exam 5: Inventories and Cost of Goods Sold
  5. Question
    Under the Indirect Method of Preparing the Statement of Cash
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Under the Indirect Method of Preparing the Statement of Cash

Question 184

Question 184

True/False

Under the indirect method of preparing the statement of cash flows,an increase in accounts payable is added to net income to determine cash flow from operating activities.

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