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Which method does the Financial Accounting Standards Board (FASB) prefers for reporting cash flows from operating activities? Which method of reporting cash flows from operating

  1. Which method does the Financial Accounting Standards Board (FASB) prefers for reporting cash flows from operating activities? Which method of reporting cash flows from operating activities is most popular with US corporations? Why do you think this disparity between the FASB and the business community exists? Which method do you personally prefer and why?

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