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  3. Study Set
    Financial Accounting Study Set 11
  4. Exam
    Exam 11: The Statement of Cash Flows
  5. Question
    Under the Indirect Method to Prepare the Statement of Cash
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Under the Indirect Method to Prepare the Statement of Cash

Question 6

Question 6

True/False

Under the indirect method to prepare the statement of cash flows,a loss on the sale of long-term assets is added to net income when calculating Net cash provided by operating activities.

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