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32.Which of the following statements is true about the indirect method of preparing the operating activities section on a statement of cash flows?a.It adjusts cash
32.Which of the following statements is true about the indirect method of preparing the operating activities section on a statement of cash flows?a.It adjusts cash basis net income to accrual basis net income. b.It adjusts accrual basis net income to cash provided by operating activities. c.It adjusts accrual basis net income to budgeted net income. d.It adjusts cash basis net income to budgeted net income.
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