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    Business
  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 12: How Is the Statement of Cash Flows Prepared and Used
  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 54

Question 54

True/False

When preparing the operating activities section of the statement of cash flows using the indirect method,decreases in current liabilities are deducted from net income.

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