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The direct method of presenting net cash flow from operating activities: Question 7 options: Shows the major categories of operating cash receipts and cash payments
The direct method of presenting net cash flow from operating activities:
Question 7 options:
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Shows the major categories of operating cash receipts and cash payments
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Is used when there are no cash flows from investing and financing activities
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Reconciles accrual basis net income to a cash basis amount
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Must be used in a statement of cash flows
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