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The amortization of a patent is treated in a similar manner to depreciation of a building when preparing the operating activities section of the statement

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The amortization of a patent is treated in a similar manner to depreciation of a building when preparing the operating activities section of the statement of cash flows using the indirect method. True or False True False Short-term investments in marketable equity securities are considered the equivalent of cash (i.e., they are combined with cash) in preparing the statement of cash flows. True or False True False

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