The indirect method of the statement of cash flows starts with: (a) Deferrals. (b) Non-cash items such

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The indirect method of the statement of cash flows starts with:

(a) Deferrals.

(b) Non-cash items such as depreciation and amortization.

(c) Net income.

(d) Gains and losses on asset sales.

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Understanding Financial Statements

ISBN: 9781292101552

11th Global Edition

Authors: Lyn Fraser, Aileen M. Ormiston

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Question Posted: Mar 20, 2024 12:00 AM

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The indirect method of the statement of cash flows starts with: (a) Deferrals. (b) Non-cash items such

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Understanding Financial Statements

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