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Which of the following statements is true? The direct and indirect methods include different types of cash flows in the investing activities section. The indirect
Which of the following statements is true?
The direct and indirect methods include different types of cash flows in the investing activities section. | ||
The indirect method includes all non-cash activities, whereas the direct method includes only the cash activities. | ||
The indirect method begins with net income and adjusts it to net operating cash flows. | ||
The indirect method and the direct method will produce a different amount of net cash flow from investing activities. |
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