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  3. Study Set
    Fundamental Financial Accounting Concepts Study Set 1
  4. Exam
    Exam 12: Statement of Cash Flows
  5. Question
    When the Direct Method Is Used to Prepare the Operating
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When the Direct Method Is Used to Prepare the Operating

Question 8

Question 8

True/False

When the direct method is used to prepare the operating activities section of the statement of cash flows,cash inflows from customers and cash outflows for depreciation are among the categories of cash flows likely to be reported.

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