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QUESTION 16 Because the data are not readily available, the Indirect Method is more costly to prepare than the Direct Method when determing Cath
QUESTION 16 Because the data are not readily available, the Indirect Method is more costly to prepare than the Direct Method when determing Cath Flow from Operations. O True O False QUESTION 17 When preparing the Statement of Cash Flows, the Indirect Method will usually report a higher Net Cash Flow from Operation Activities than the Direct Method, mainly because of depreciation expense. O True False
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