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Which statement is true about the statement of cash flows? The operating, investing, and financing sections of the statement are different under the direct and
Which statement is true about the statement of cash flows?
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The operating, investing, and financing sections of the statement are different under the direct and indirect methods.
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The operating section starts with net income using the indirect method.
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All of these statements are true.
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The indirect method is more transparent than the direct method.
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