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    Financial and Managerial Accounting Study Set 8
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    Exam 13: Statement of Cash Flows
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    Under the Indirect Method,depreciation,increase in Inventories,and "Non-Operating" Losses Are Added
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Under the Indirect Method,depreciation,increase in Inventories,and "Non-Operating" Losses Are Added

Question 132

Question 132

True/False

Under the indirect method,depreciation,increase in inventories,and "non-operating" losses are added to net income to arrive at net cash flow from operating activities.

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