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Using the Indirect Method to Prepare the Statement of Cash

Question 34

Multiple Choice

Using the indirect method to prepare the statement of cash flows,which of the following statements is true?


A) Decrease in current assets means a decrease in cash.
B) Increase in current assets means an increase in cash.
C) Increase in current liabilities means an increase in cash.
D) Decrease in current liabilities means an increase in cash.

Correct Answer:

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