Why might the direct method of presenting cash flows from operating activities be preferable to the indirect

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Why might the direct method of presenting cash flows from operating activities be preferable to the indirect method? Which presentation approach dominates current practice?

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Intermediate Accounting

ISBN: 978-0071339476

Volume 1, 6th Edition

Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I

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