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Using the Indirect Method to Prepare the Statement of Cash

Question 27

Multiple Choice

Using the indirect method to prepare the statement of cash flows,dividends paid during the year are:


A) subtracted from net income in the operating activities section.
B) added to net income in the operating activities section.
C) shown as a cash outflow in the financing activities section.
D) shown as a cash outflow in the investing activities section.

Correct Answer:

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