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  2. Topic
    Business
  3. Study Set
    Accounting
  4. Exam
    Exam 16: Statement of Cash Flows
  5. Question
    The Direct Method of Preparing the Operating Activities Section of the Statement
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The Direct Method of Preparing the Operating Activities Section of the Statement

Question 2

Question 2

True/False

The direct method of preparing the operating activities section of the statement of cash flows reports major classes of gross cash receipts and gross cash payments.

Correct Answer:

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