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What is true regarding a nonprofi s a ement of cash flows? A. It must be prepared using the indirect method. B. It may be

What is true regarding a nonprofi s a ement of cash flows? A. It must be prepared using the indirect method. B. It may be prepared using the direct or indirect method. C. A statement of cash flows is not required for nonprofits. D. It must be prepared using the direct method.

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