Question
Using the indirect method for a statement of cash flows, cash flow from operations A. can be calculated by adding to or deducting from net
Using the indirect method for a statement of cash flows, cash flow from operations
| A. | can be calculated by adding to or deducting from net income changes in current assets (other than cash) and current liabilities and noncash items on the income statement. | |
| B. | is equal to accrual based income. | |
| C. | can be calculated by adding to or deducting from net income changes in current assets (other than cash) and current liabilities and cash items on the income statement. | |
| D. | is always positive. |
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Valuation For Accountants A Short Course Based On IFRS
Authors: Stephen Lynn
1st Edition
9811503567, 9789811503566
