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The indirect method of preparing the statement of cash flows: a. is preferred by FASB. b. is more commonly used in practice. c. produces a

The indirect method of preparing the statement of cash flows: a. is preferred by FASB. b. is more commonly used in practice. c. produces a different amount for cash flows from operating activies than the direct method. d. produces a different amount for cash flows from investing activities than the direct method

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