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The direct method of presenting cash flows 1 point Shows the major categories of operating cash inflows and outflows. Must be used for cash from
The direct method of presenting cash flows 1 point Shows the major categories of operating cash inflows and outflows. Must be used for cash from operating activities. Derives cash from operating activities by using net income. Is the most widely used method. All of the above
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
