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Which of the Following Is Not True Regarding the Statement

Question 40

Multiple Choice

Which of the following is not true regarding the Statement of Cash Flows for
Proprietary funds?


A) Four categories of cash flows are used.
B) Interest and dividends received are recorded as investing activities.
C) The direct method is required for reporting cash flows from operations.
D) All of the above are true statements.

Correct Answer:

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