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    Managerial Accounting Study Set 13
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    Exam 15: How Well Am I Doing Statement of Cash Flows
  5. Question
    For External Reporting Purposes, the FASB Recommends the Indirect Method
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For External Reporting Purposes, the FASB Recommends the Indirect Method

Question 30

Question 30

True/False

For external reporting purposes, the FASB recommends the indirect method of determining the net cash provided by operating activities on the statement of cash flows.

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