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The sources of information used to prepare the statement of cash flows includes all of the following except comparative balance sheets. last year s income

The sources of information used to prepare the statement of cash flows includes all of the following except

comparative balance sheets.

last year s income statement.

this year s income statement.

other selected transaction data.

The method of calculating net cash flow from operating activities that adjusts net income for items that affected reported net income but not cash is the:

adjustment method.

direct method.

indirect method.

income statement method.

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