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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

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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 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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