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Which of the following statements is least accurate? The indirect method provides a list of items that are responsible for the difference between net income
Which of the following statements is least accurate? The indirect method provides a list of items that are responsible for the difference between net income and operating cash flow. The indirect method explicitly lists the actual sources of operating cash inflows and outflows. The direct method of calculating cash flow from operations starts with cash sales and deducts all cash payments for direct and indirect costs
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