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    Foundations of Financial Management Study Set 4
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    Exam 2: Review of Accounting
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    The Indirect Method of Preparing the Cash Flow Statement Basically
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The Indirect Method of Preparing the Cash Flow Statement Basically

Question 52

Question 52

True/False

The indirect method of preparing the Cash Flow Statement basically adjusts the net income to reflect what the financials would have looked like if cash basis was used instead of accrual basis.

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