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According to IAS 7, encourages enterprises to use the direct method of presenting cash flow information, yet many enterprises use the indirect method of presentation.
According to IAS 7, encourages enterprises to use the direct method of presenting cash flow information, yet many enterprises use the indirect method of presentation.
Explain the possible reasons for the tendency by the enterprises to use the indirect method of presentation. [8 marks]
**subscribe on benefit of indirect method and weakness of direct method.
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