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    Managerial Accounting Study Set 11
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    Exam 29: The Direct Method of Determining the Net Cash Provided by Operating Activities
  5. Question
    Under the Direct Method of Determining the Net Cash Provided
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Under the Direct Method of Determining the Net Cash Provided

Question 35

Question 35

True/False

Under the direct method of determining the net cash provided by operating activities on the statement of cash flows,an increase in income taxes payable would be subtracted from income tax expense to convert income tax expense to a cash basis.

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