Question
Direct or indirect? Most companies report operating cash flows using the ___________ method. Net income is...
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Direct or indirect? Most companies report operating cash flows using the ___________ method. |
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| Net income is reconstructed on a cash basis when the ___________ method is used to report the net cash flows provided (used) by operating activities. | |
| The net cash amount provided by operating activities using the direct method is ____________ that computed using the indirect methods. |
| The FASB recommends that the operating activities section of the statement of cash flows be reported using the ____________ method. |
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