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Combined cash flows can only be prepared after each affiliated subsidiary's cash flows are completed and forwarded to the parent for combination. Once received, the
Combined cash flows can only be prepared after each affiliated subsidiary's cash flows are completed and forwarded to the parent for combination. Once received, the parent will then add all individual companies plus some debit and credit adjustments
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Financial Accounting Theory and Analysis Text and Cases
Authors: Richard G. Schroeder, Myrtle W. Clark, Jack M. Cathey
10th edition
470646284, 978-0470646281
