Question: 6. Differentiate between the direct and the indirect methods for preparing and presenting the Statement of Cash Flows. For each of these methods, indicate whether

6. Differentiate between the direct and the indirect methods for preparing and presenting the Statement of Cash Flows. For each of these methods, indicate whether it will have a positive or negative EFFECT on CASH. A positive effect could also be thought of as a source of cash, an increase in cash, or a positive amount on the cash flow statement. A negative effect could also be thought of as a use of cash, a decrease in cash, or a negative amount on the cash flow statement

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