Companies argue that the direct method of preparing the statement of cash flows is too burdensome; however,
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Companies argue that the direct method of preparing the statement of cash flows is too burdensome; however, given computer technology, that argument doesn’t seem as valid today as it once did. Do you believe that companies should be required to prepare the statement of cash flows using the direct method? Why? Be sure to consider all the stakeholders involved.
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The statement of cash flows is an important financial statement that provides information about the cash inflows and outflows of a company The direct ...View the full answer
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ISBN: 9781119600107
8th Edition
Authors: Penne Ainsworth, Dan Deines
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