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The direct method for the preparation of the Statement of Cash Flows A. starts with net income and makes adjustments for all the items that

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The direct method for the preparation of the Statement of Cash Flows A. starts with net income and makes adjustments for all the items that are not cash B. affects the investing and financing activities sections of the Statement of Cash Flows C. starts by converting every number on the income statement to its cash amount D. starts by estimating the sources of cash and the uses of cash

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