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A) What are the benefits of cash-flow statement for decision making and how does it complement Statement of Financial Position and Income Statement B) Critically
A) What are the benefits of cash-flow statement for decision making and how does it complement Statement of Financial Position and Income Statement
B) Critically discuss the option allowed by IAS 7 to use either direct method vs indirect method. In addition, discuss benefits and limitations of both methods. Suggest any change needed by the regulator
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