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Olaf Corporation Prepares Its Statement of Cash Flows Using the Direct

Question 22

Multiple Choice

Olaf Corporation prepares its statement of cash flows using the direct method.The following items were listed on Olaf's income statement.Which of these items would also be listed in the operating activities section of Olaf's statement of cash flows? Olaf Corporation prepares its statement of cash flows using the direct method.The following items were listed on Olaf's income statement.Which of these items would also be listed in the operating activities section of Olaf's statement of cash flows? A) Option A B) Option B C) Option C D) Option D


A) Option A
B) Option B
C) Option C
D) Option D

Correct Answer:

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