What is the major advantage of using the indirect method to present the statement of cash flows?

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Fundamental Managerial Accounting Concepts

ISBN: 978-0078110894

6th Edition

Authors: Edmonds, Tsay, olds

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Question Posted: Dec 07, 2011 07:03 AM

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What is the advantage of using the direct method to present the statement of cash flows?
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What is the major advantage of using the indirect method to present the statement of cash flows?

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Fundamental Managerial Accounting Concepts

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