Many people preferred the direct method for cash flow preparation, but IAS 7 did not require it.

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Many people preferred the direct method for cash flow preparation, but IAS 7 did not require it. Discuss possible circumstances when the direct method may be beneficial.

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Financial Accounting And Reporting

ISBN: 9780273760887

15th Edition

Authors: Barry Elliott, Jamie Elliott

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Question Posted: May 27, 2024 07:01 AM

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Many people preferred the direct method for cash flow preparation, but IAS 7 did not require it.

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Financial Accounting And Reporting

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