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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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