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    Accounting Study Set 3
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    Exam 16: The Statement of Cash Flows
  5. Question
    When Preparing the Statement of Cash Flows Using the Indirect
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When Preparing the Statement of Cash Flows Using the Indirect

Question 117

Question 117

True/False

When preparing the statement of cash flows using the indirect method,a decrease in current liabilities is added to the net income to arrive at net cash flow from operating activities.

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