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  3. Study Set
    Financial Accounting Study Set 1
  4. Exam
    Exam 11: The Cash Flow Statement
  5. Question
    When Preparing the Cash Flow Statement by the Indirect Method
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When Preparing the Cash Flow Statement by the Indirect Method

Question 24

Question 24

Short Answer

When preparing the cash flow statement by the indirect method, if current liabilities increase, the difference is __________ to net income.

Correct Answer:

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