Question
Under the _______ method of preparing a statement of cash flows, the net cash flow from operating activities is computed by adjusting net income to
Under the _______ method of preparing a statement of cash flows, the net cash flow from operating activities is computed by adjusting net income to remove the effect of all deferrals of past operating cash receipts and payments, and all accruals of future operating cash receipts or payments
a.direct
b.financing
c.indirect
d.investing
e.operating
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
13th Edition
978-0073379616, 73379611, 978-0697789938
