Which of the following methods of reporting cash flows from operating activities adjusts net income for revenues

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Which of the following methods of reporting cash flows from operating activities adjusts net income for revenues and expenses not involving the receipt or payment of cash?

a. Direct method

b. Purchase method

c. Reciprocal method

d. Indirect method AppendixLO1

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Corporate Financial Accounting

ISBN: 9781337398176

15th Edition

Authors: Carl Warren, Jefferson Jones

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