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The direct method of reporting operating cash flows: Multiple Choice Is considered supplementary disclosure. Must be used by all companies. Is not recommended by the
The direct method of reporting operating cash flows:
Multiple Choice
Is considered supplementary disclosure.
Must be used by all companies.
Is not recommended by the Financial Accounting Standards Board FASB but is commonly used.
Subtracts cash payments from cash receipts,
Is used by most companies.
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
14th edition
1337270598, 978-1337270595
